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Seattle to tax the wealthy
Posted on 7/11/17 at 11:39 am
Posted on 7/11/17 at 11:39 am
Posted on 7/11/17 at 11:42 am to Rocco Lampone
Kirkland and Bellevue better get ready
Posted on 7/11/17 at 11:45 am to Rocco Lampone
quote:
I hope this is the downfall of Seattle.
It's 2.5%, and Washington doesn't have a state income tax. It won't be.
Posted on 7/11/17 at 11:46 am to Rocco Lampone
Hello Seattle I am an albatross
Posted on 7/11/17 at 11:47 am to Rocco Lampone
The minimum wage increase was such a disaster. Why not double down on stupid?
Posted on 7/11/17 at 11:49 am to Rocco Lampone
South Carolina should plan now when Boeing decides to move more airplane work, they have the inside track.
And Governor Abbott should plan a few trips to get some businesses to move to Texas.
And Governor Abbott should plan a few trips to get some businesses to move to Texas.
Posted on 7/11/17 at 11:50 am to Rocco Lampone
I support this. Not because I support taxing the wealthy like it's a punishment to be financially successful, but because I want to see this fail miserably and (hopefully) be a lesson to other states.
Posted on 7/11/17 at 11:51 am to Mo Jeaux
quote:
It's 2.5%, and Washington doesn't have a state income tax. It won't be.
Leftists in the state have been clamoring for a state income tax for years. Was always a big issue when I was there. This is the first step toward a state income tax. Also cost of living, sales taxes, gas taxes and property taxes are high
Many rich people in the area already live in Bellevue, Kirland and Redmond anyway so I am not sure if this will work. Knowing them it will shift to all of King County then statewide.
You think this is bad wait until they get rent control through
Posted on 7/11/17 at 11:52 am to Rocco Lampone
So now a shite ton of people that make over $250,000/yr are going to move to avoid that tax.
Posted on 7/11/17 at 11:55 am to Rocco Lampone
quote:
I hope this is the downfall of Seattle.
A disease I tell you.
Last one out turn out the light. Just like the 70's.
Those Starbucks hipsters are going to have a rude awakening when the contributors move out again.
Posted on 7/11/17 at 11:57 am to Rocco Lampone
Seattle and State of Washington are about to waste plenty of tax payer money in court. Seattle's income tax is against the state's constitution.
This post was edited on 7/11/17 at 12:01 pm
Posted on 7/11/17 at 12:00 pm to Rocco Lampone
It takes times but policies like this end up in driving all the wealthy people away.
Doesn't happen over night, but it's a drip drip drip effect.
Doesn't happen over night, but it's a drip drip drip effect.
Posted on 7/11/17 at 12:03 pm to schexyoung
quote:
Seattle and State of Washington are about to waste plenty of tax payer money in court. Seattle's income tax is against the state's constitution.
Exactly
This is meant to fail
They will use and channel that outrage of the measure being killed in court to a ballot measure to amend the WA constitution to allow income taxes.
Posted on 7/11/17 at 12:24 pm to SG_Geaux
quote:
So now a shite ton of people that make over $250,000/yr are going to move to avoid that tax.
I was riding with my then boss through southern Kansas listening to Rush on the radio around 1997-99 and a caller from the Seattle area was pretty interesting.
The caller stated he and his wife invested in low yield stocks/bonds and quit their multi million lifestyle and took sub 6 figure jobs (leaving much higher positions) since they had all they wanted in hand already. They sold their McMansion and bought a rural cottage large enough but without being "prestigious" or "ostentatious".
Why?
They got tired of supporting the freeloaders!
They purposefully and methodically planned a way to lower their taxation by around 75% just due to being sickened by the misuse of their earnings to support crap.
Now those are great Americans!
Posted on 7/11/17 at 12:34 pm to Rocco Lampone
This will not turn out the way they think it will
Posted on 7/11/17 at 12:37 pm to Rocco Lampone
quote:
I hope this is the downfall of Seattle
Why do you want that? Seattle is awesome.
Posted on 7/11/17 at 12:53 pm to Sidicous
quote:not liking some of your fellow citizens is not worth living in the sticks...
They purposefully and methodically planned a way to lower their taxation by around 75% just due to being sickened by the misuse of their earnings to support crap.
Now those are great Americans!
Posted on 7/11/17 at 1:05 pm to chalmetteowl
quote:
not liking some of your fellow citizens is not worth living in the sticks...
So just outside the city limits is the sticks? They didn't leave civilization, they moved away from the uncivilized beggars, fascist wannabes in office out there, and the unwashed heathen tree hugger libtards.
They took control over their lives, took their toys and moved to where they could enjoy their self earned assets without someone always sticking their hands in their pockets looking for free shite.
Posted on 7/11/17 at 2:02 pm to Eurocat
quote:
Props to Seattle
For what, exactly?
Ignoring their State Constitution?
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