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re: Seattle to tax the wealthy

Posted on 7/11/17 at 2:02 pm to
Posted by bird35
Georgia
Member since Sep 2012
12169 posts
Posted on 7/11/17 at 2:02 pm to
I actually agree with the progressive signs saying


"Tax Unearned Wealth."


Let's tax food stamps, Medicaid, welfare payments, and section 8 housing.
Posted by ClientNumber9
Member since Feb 2009
9316 posts
Posted on 7/11/17 at 2:14 pm to
quote:

Why do you want that? Seattle is awesome.


No, no it's not. I live in Washington and trust me- the problems are many. Homeless are everywhere, traffic is a fricking nightmare, taxes are gross and the people are pretentious assholes.

Yes, I realize I just described most major cities but there's no way I'd live there. It's ok to visit (I guess) but it's not some national treasure worth saving.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
260286 posts
Posted on 7/11/17 at 2:19 pm to
Suburbs about to flourish
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
260286 posts
Posted on 7/11/17 at 2:21 pm to
quote:

Seattle is awesome.


It used to be. I really hate what's happened to the city. It's full of pretentious sociopaths.
Posted by MusclesofBrussels
Member since Dec 2015
4461 posts
Posted on 7/11/17 at 2:22 pm to
quote:

No, no it's not. I live in Washington and trust me


Posted by Roll Tide Ravens
Birmingham, AL
Member since Nov 2015
42275 posts
Posted on 7/11/17 at 2:28 pm to
Taxing the rich would only ever be a short-term solution to the multitude of problems that people want to use it for. Eventually you run out of rich people to tax because: A) They are no longer rich; B)They leave and move elsewhere because of the taxes; C) They move their assets around and keep them from being taxed; D) It kills any will for a rich person to spend more money on creating new business opportunities, and thus, jobs.

What is the solution when you don't have super rich people to tax? You tax the current upper middle-class, and then you work your way down until everybody sees a tax increase.
Posted by Nuts4LSU
Washington, DC
Member since Oct 2003
25468 posts
Posted on 7/11/17 at 2:29 pm to
quote:

I hope this is the downfall of Seattle.



Interesting. I can understand thinking that it will be, if you're the type who thinks all taxes are bad, but hoping? Why? Why on earth would anyone actually hope for the "downfall" of a city? I disagree with every damned thing Donald Trump has done since he won the election and firmly believe his policies will have terrible negative consequences overall, but I sure as hell HOPE his policies help the U.S. and its people. What kind of fricked up person would hope for the worst just to advance some idiotic political narrative?
quote:

Rocco Lampone

And 15 upvoters to just 1 downvote. (soon to be 2)
This post was edited on 7/11/17 at 2:30 pm
Posted by Eurocat
Member since Apr 2004
15046 posts
Posted on 7/11/17 at 2:32 pm to
And then finally you have a classless society and utopia. A good thing IMO.
Posted by northshorebamaman
Cochise County AZ
Member since Jul 2009
35476 posts
Posted on 7/11/17 at 2:34 pm to
quote:

I live in Washington

quote:

Inland Northwest

Walla Walla don't count.
Posted by gatorrocks
Lake Mary, FL
Member since Oct 2007
13969 posts
Posted on 7/11/17 at 2:34 pm to
When has there ever been a classless society in the history of the world?

No leaders and everyone has what everyone else has?
Posted by Eurocat
Member since Apr 2004
15046 posts
Posted on 7/11/17 at 2:37 pm to
There has never been one, doesn't mean we can't try to strive for it.
Posted by Zach
Gizmonic Institute
Member since May 2005
112456 posts
Posted on 7/11/17 at 2:48 pm to
If they raised Howard Schultze's taxes then he's gonna raise the prices at Starbucks and I'm gonna be pissed.
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 7/11/17 at 2:52 pm to
That is the most stupid thing I have seen today. Venezuela is already there
Posted by airfernando
Member since Oct 2015
15248 posts
Posted on 7/11/17 at 3:01 pm to
quote:

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.
They're probably going to tax them according to where they work and not where they live, which I assume most work in Seattle.
Posted by mauser
Orange Beach
Member since Nov 2008
21532 posts
Posted on 7/11/17 at 3:02 pm to
quote:

So now a shite ton of people that make over $250,000/yr are going to move to avoid that tax.


It's not clear to me how they are going to make it work. If it's based on your residence, you're right, a bunch will just move out, but then I guess many will have problems selling an expensive home. Who would want to buy a home in an extra 2.5% income tax neighborhood?

If it's based on earning your income in the city what can you do? And what if you work in the city for only part of your time and your paycheck comes from a head office in another city?
Posted by PsychTiger
Member since Jul 2004
98902 posts
Posted on 7/11/17 at 3:13 pm to


They have to be skewing these numbers somehow. This figure would seem to imply that in Seattle the rich have a significantly lower tax rate at 5.1% (city and state) than the poor at 15.5%. Don't know if I believe that.
Posted by MusclesofBrussels
Member since Dec 2015
4461 posts
Posted on 7/11/17 at 3:23 pm to
quote:

They have to be skewing these numbers somehow. This figure would seem to imply that in Seattle the rich have a significantly lower tax rate at 5.1% (city and state) than the poor at 15.5%. Don't know if I believe that.


There's no income tax, so the majority of the tax burden is through sales and excise taxes. Sales taxes eat up a greater percentage of income for the poor than the wealthy.
Posted by PsychTiger
Member since Jul 2004
98902 posts
Posted on 7/11/17 at 3:29 pm to
I knew I was looking at it wrong, work day is now over thankfully.
Posted by Capital Cajun
Over Yonder
Member since Aug 2007
5525 posts
Posted on 7/11/17 at 3:44 pm to
The government will never be agile enough to beat/outsmart business and wealthy people.
Posted by Anfield Road
Liverpool Fan
Member since May 2012
1940 posts
Posted on 7/11/17 at 3:52 pm to
Are there any other municipalities that charge income taxes? One positive of Washington state was a zero income tax.
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