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re: Washington state, once famous for having 0 income tax, passes 10% income tax on 1m+
Posted on 3/11/26 at 5:07 pm to jclem11
Posted on 3/11/26 at 5:07 pm to jclem11
quote:
This is bad policy and those with the means will leave and take their incomes, spending, and companies with them.
Coeur d'Alene C-Hawks coming soon to a state near WA
Posted on 3/11/26 at 5:25 pm to HailHailtoMichigan!
That 1M floor is gonna slowly be lowered. Bet on it.
Posted on 3/11/26 at 5:27 pm to HailHailtoMichigan!
Is this one of the reasons why Starbucks is leaving Washington?
I mean higher corporate taxes.
I mean higher corporate taxes.
Posted on 3/11/26 at 5:31 pm to Gorilla Ball
quote:fake news
Starbucks is leaving Washington?
Posted on 3/11/26 at 5:36 pm to Big Scrub TX
Well one of the partners in my orthopedic group just said he and his wife (anesthesiologist) are moving to Texas. I like in SW Washington.
I feel bad for him honestly, glad my wife isn’t a doctor as well.
I feel bad for him honestly, glad my wife isn’t a doctor as well.
Posted on 3/11/26 at 5:39 pm to jclem11
quote:
Killing the golden goose never backfires, no?
That’s the thing. This is only going to hurt the middle and lower class. The upper class will just leave because they can. The elected officials that passed this are skimming government money through fraud anyway, so they aren’t bothered.
Posted on 3/11/26 at 6:01 pm to lsuhunt555
They always say the same thing when power shifts, “the rich will flee.” They said it when Mamdani won in New York. They say it now about Seattle. But just watch. The prophecy never comes to pass.
Wealth does not abandon beauty so easily. Seattle sits between the sea and the mountains, crowned by the Cascades and wrapped in forests and water. The wealthy did not gather there by accident.
People who can choose anywhere rarely abandon places of rare beauty for places that only pretend to have it.
Wealth does not abandon beauty so easily. Seattle sits between the sea and the mountains, crowned by the Cascades and wrapped in forests and water. The wealthy did not gather there by accident.
People who can choose anywhere rarely abandon places of rare beauty for places that only pretend to have it.
Posted on 3/11/26 at 6:04 pm to ParkRanger
quote:
People who can choose anywhere rarely abandon places of rare beauty for places that only pretend to have it.
They'll still keep a house in the area but they will no longer be considered a WA resident.
Posted on 3/11/26 at 6:09 pm to GatorPA84
quote:
I feel bad for him honestly,
Why?
Posted on 3/11/26 at 6:11 pm to ParkRanger
quote:
They always say the same thing when power shifts, “the rich will flee.” They said it when Mamdani won in New York. They say it now about Seattle. But just watch. The prophecy never comes to pass.
Wealth does not abandon beauty so easily. Seattle sits between the sea and the mountains, crowned by the Cascades and wrapped in forests and water. The wealthy did not gather there by accident.
People who can choose anywhere rarely abandon places of rare beauty for places that only pretend to have it.
I feel like your'e a bot or an alter or something. Because what you've suggested in this thread is some of the dumbest shite I've seen on this board.
You already know this, but regardless...anything jump out at you about these two lists?
quote:
Top states losing residents since 2020
Approximate net domestic migration losses (2020–2023):
California — about -1.2 million
New York — about -882,000
Illinois — about -364,000
New Jersey — about -153,000
Massachusetts — about -149,000
Louisiana — about -111,000
Maryland — about -100,000
Michigan — about -58,000
quote:
Where those residents are mostly going
The states gaining the most residents since 2020 include:
Florida
Texas
North Carolina
South Carolina
Arizona
Tennessee
Georgia
This post was edited on 3/11/26 at 6:13 pm
Posted on 3/11/26 at 6:14 pm to ParkRanger
quote:Well, that isn’t true.
They always say the same thing when power shifts, “the rich will flee.” They said it when Mamdani won in New York. They say it now about Seattle. But just watch. The prophecy never comes to pass.
Just because ALL of them don’t leave doesn’t mean that a substantial number doesn’t leave.
Major newspapers have been writing articles about these movements for a while now.
This post was edited on 3/11/26 at 6:17 pm
Posted on 3/11/26 at 6:23 pm to HailHailtoMichigan!
Meh, the morons who support this always wonder why did this happen after voting for those who don’t care about them.
Stupid is as stupid does, perpetually.
Stupid is as stupid does, perpetually.
Posted on 3/11/26 at 6:23 pm to Mo Jeaux
quote:
It’s a 10% tax on income above the threshold.
The fact people on here wouldnt know that says a lot about the intelligence of many posters.
Posted on 3/11/26 at 6:24 pm to fareplay
quote:
Don’t know full rules yet but seems like we can file separate
Pay your fair share, comrade!
Posted on 3/11/26 at 6:25 pm to Scruffy
He's like the Biden administration. "Hey, that thing you see happening, which can be proven by statistics and anecdotal evidence galore, yeah, that's not really happening so you're wrong"
ETA: for example...
LINK
Could go on and on with this for lots of blue states. But again, we all know what's happening.
ETA: for example...
quote:
According to analyses by Henley & Partners / New World Wealth and related reporting:
Chicago had roughly ~120,000–130,000 millionaires in recent years.
The city experienced a noticeable decline and slow growth in wealthy residents compared with other U.S. cities over the last decade.
One estimate cited in wealth-migration analysis says about 39,600 high-net-worth individuals left Chicago after 2021 (including millionaires and above).
LINK
quote:
Among the 50 states and Washington, D.C., that's the lowest ratio of affluent people coming to going, which is to say Illinois is the worst at keeping affluent people in the state.
It's the latest data point in the long-running story of Illinois losing people not only because of its rough winters but because of high taxes and crime. In April, Attom, a property information service, reported that Illinois again had the highest effective property taxes in 2023 at 1.88% of value.
quote:
A chart in the report shows Illinois with the worst record of retaining people who make $200,000 or more per year and, probably just as unsurprising, Florida with the best. For every $200,000-plus earner who leaves Florida, two and three-quarters move in.
The lost income in Illinois from all out-migration, not just high earners, was about $9.85 billion in recent years, according to earlier IRS data. Based on individual tax returns filed in 2021 and 2022, the IRS reports about $19.38 billion in adjusted gross income left the state and about $9.58 billion moved in, for a net loss of $9.85 billion.
Could go on and on with this for lots of blue states. But again, we all know what's happening.
This post was edited on 3/11/26 at 6:29 pm
Posted on 3/11/26 at 6:27 pm to GatorPA84
quote:Sure. What does that have to do with claims that Starbucks HQ is moving out of state?
Well one of the partners in my orthopedic group just said he and his wife (anesthesiologist) are moving to Texas. I like in SW Washington.
Posted on 3/11/26 at 6:30 pm to HailHailtoMichigan!
Hey wealthy citizens if I can improve my political career and assure I win voters over, I will.. Even if it means it will cause you to move out of our state.
Posted on 3/11/26 at 6:32 pm to fareplay
quote:
My wife and I are that couple. We just clear 1M in Kirkland and now our incentive to work more has lessened.
Don’t know full rules yet but seems like we can file separate
I don’t think you can. Supposedly, this is in household income. But remember, this is in adjusted gross income.
Posted on 3/11/26 at 6:37 pm to Mo Jeaux
If you follow his posts for any amount of time you will find yourself thinking his claims of all this wealth are bullshite.
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