Just read a blurb.
You all can google fu it.
Calfornia wealth tax
California state income tax
Forbes had a write up on it I looked at.
Proposals in the Liberal Socialist Democrat state govt.
California wealth tax.
For the rich folks.
Even if ya move .
They wanta tax ya forever
Not just their income , but everything of value from their fancy toasters to their designer mirrors .
Basically everything they own it reads...
Oh they also wanta jump state income tax from 13% ( holy fugg) to like 16.8% ( holy fugg even more) .
Living the dream in California so they can pay city workers to clean up schit on the sidewalks from bums and illegal aliens I'm geussing.
Probably wanta vote themselves some nice pay raises also....
Always thought NTC sucked.
Working with Jtf 6 doing grow observation/ reporting mission wasnt that bad though out their in the early 90,s...
Feel for you guys that are cool conservative members on here from California.
Paying almost 17% state income tax will suck.
That is a huuuuuuuge chunk of income....
What is the sales tax rate in that commie cesspool???
Move to TN...
Shorten one leg so you can walk along the length of ridges evenly
Knock out one or 2 front teeth.
Bring along a hawt looking young female cousin.
Learn to can green beans
Me and Slumlord will welcome you...
TN. 0% State income tax....
9.8 sales tax.
Just saying....
Gotta go find some strings for my banjo......
Later.....
Sales tax in the county I lived in is 8.25%. Property tax is hard to explain, cause there is currently a cap on the base rate of 1% of assessed value. Even a small house in the Bay Area is over a million bucks, and most cities add on supplemental taxes for things like landscaping and mosquito abatement, even though there is no landscaping or mosquito abatement work done, which brings the effective property tax rate to about 1.5% of assessed value, so you're looking at about $15000 a year in property taxes in the Bay Area. When we sold our house in Oakland, we also got hit with a 1.5% county transfer tax. That hurt, but it was worth it to get the heck out of Oakland.
We were very fortunate with money...I made decent money, my wife made a ton, and we were in the highest tax bracket. We got demonized for doing well.
Then add in the gas taxes, the other taxes on everything from utilities to garbage to phones, and the overall high cost of everything there, and you're talking a LOT of money for the privilege of living in what is now a 4th world chithole.
There will be a lot of people who claim that they are happy to pay the high taxes, and I am happy that they are getting what they want. I didn't want it so I moved.
