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re: Plan on escaping california? They'll tax you for that
Posted on 12/19/20 at 10:11 pm to dewster
Posted on 12/19/20 at 10:11 pm to dewster
quote:
They are clearly targeting IT consultants and tech workers, but it sounds like it would definitely hit nurses too.
These people don't have $30mm in net worth. But there are a lot of people in Cali who do. These people are not going to stand for this kind of thing. They will be out of there. Or put their wealth in hard to find or value assets like gold, art, etc. There will be huge unintended consequences.
This post was edited on 12/19/20 at 10:14 pm
Posted on 12/19/20 at 10:13 pm to SloaneRanger
quote:
These people don't have $30mm in net worth.
Ah good catch. Some of those tech leaders might.
Elon Musk will likely go on a Twitter rampage.
Posted on 12/19/20 at 10:42 pm to SloaneRanger
quote:
There will be huge unintended consequences.
A lot of airline pilots are based in California but live in Nevada, Utah, Washington, etc. I wonder how this will go for them. The company I work for is on the state border. A lot of the people I work with live in the more tax free state yet work in a tax burden state. Those employees don’t have to pay the higher taxes according the courts.
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