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Started By
Message
re: Tax hike on California millionaires would create 54% tax rate
Posted on 7/31/20 at 7:23 am to GeauxLSUGeaux
Posted on 7/31/20 at 7:23 am to GeauxLSUGeaux
The problem is they want right sided economic policies and left sided social policies. Then they vote with their feelings and vote for the lefty
1
Posted on 7/31/20 at 7:41 am to UncleRuckus
quote:
Texas will be Democrat soon. Libs ruin everything
And then they’ll vote in Texas the same way they voted in California and end up deciding they need to move away from Texas too.
Posted on 7/31/20 at 7:42 am to ihometiger
This post was edited on 8/2/20 at 10:15 am
Posted on 7/31/20 at 7:43 am to ihometiger
California needs to be careful. Soon silicon valley will just be a valley and other states will create incentives to move operations.
Posted on 7/31/20 at 7:47 am to MrJimBeam
If the tech valley moves, so will those high paying tech jobs, which don't make much of the taxes but some, and you will have the loss of income for stores, empty houses, etc. It will just be a land slide if it moves.
Posted on 7/31/20 at 7:53 am to MrJimBeam
This assumes they move the whole office out of state.
My guess is that a lot of tech jobs will become telecommuting jobs, at which point Silicon Valley, Seattle, Austin, etc, all disperse around the country.
They will still need a corporate HQ but not needing massive amounts of workers on-site makes it a lot more mobile than right now.
My guess is that a lot of tech jobs will become telecommuting jobs, at which point Silicon Valley, Seattle, Austin, etc, all disperse around the country.
They will still need a corporate HQ but not needing massive amounts of workers on-site makes it a lot more mobile than right now.
Posted on 7/31/20 at 7:57 am to ihometiger
Eat The Rich
Posted on 7/31/20 at 7:57 am to ihometiger
And people wonder why Tom Hanks moved to Greece and Tom Cruise is moving to space.
Posted on 7/31/20 at 7:59 am to ihometiger
quote:
Texas will explode even more
Please no. Keep your liberal asses in Cali. You deserve this.
Posted on 7/31/20 at 8:07 am to MrJimBeam
quote:
other states will create incentives to move operations.
TX has already has the incentives.
Posted on 7/31/20 at 8:13 am to UncleRuckus
quote:
Texas will be Democrat soon. Libs ruin everything
Yep, Libs will move there and keep voting democrats in office.
Posted on 7/31/20 at 8:16 am to ihometiger
Unfortunately, this will cause the locusts to disperse to other states where they will inevitably do the same shite that led to their departure from CA.
Posted on 7/31/20 at 8:17 am to ihometiger
They’ll all move to Texas but won’t change the way they vote so in 10 years they’ll get hit with the same tax in Texas.
Posted on 7/31/20 at 8:18 am to ihometiger
quote:
Texas will explode even more
That unfortunately may be the political left’s motive here. California will still be blue and if they push enough to Texas, our friends to the west will turn blue eventually. The left gets Texas and patriots can call it a day and go home because it would forever be over then.
Posted on 7/31/20 at 8:19 am to TDsngumbo
Texas will be a blue state in 10 years.
Posted on 7/31/20 at 8:20 am to ihometiger
quote:
Tax hike on California millionaires would create 54% tax rate
Vote
Posted on 7/31/20 at 8:26 am to fallguy_1978
quote:
Texas will be a blue state in 10 years.
Then where do we move to if we enjoyed the lack of state income tax and warm weather?
Posted on 7/31/20 at 8:32 am to The Boat
I’m not so sure that all billionaires and their high paid employees will vote socialist. Probably 50-50 Republican-socialist split, so Texas status quo might not be as effected as y’all think.
Posted on 7/31/20 at 8:33 am to lsufan1971
quote:
TX has already has the incentives.
Joe Rogan has started the trend
Posted on 7/31/20 at 8:34 am to ihometiger
quote:
The tax would only effect the top 0.5% of California taxpayers. But that small group of super-earners — many of them in tech — pay 40% of the state's tax revenues, according to California's Franchise Tax Board.
Not for long.
Rogan is running for the Hill Country. He won’t be alone.
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