California Wealth Tax Proposal

melanko · 27th August 2008, 21:55

Interesting read that my boss sent me. If you live in the United States and reside in California, you should read this:

http://www.taxfoundation.org/blog/show/23538.html

bluealien1 · 27th August 2008, 22:05

Punish people for being successful, great idea.

melanko · 27th August 2008, 23:48

Quote:

Originally Posted by bluealien1

Punish people for being successful, great idea.

That pretty much is what it boils down to. I am no where near the income bracket specified in this proposal, but the people that make this amount of money yearly, well, spend it... which is good for the economy. Less spending by the wealthy impedes commerce and would lead to mass exodus to neighboring states before they get taxed out their asses, which would be great for other states.

Like I said, I don't make nearly enough money to qualify for any of this, and I think to myself, "They're all frikken filthy rich, let them pay off the state deficit." But in the end I only see more bad things happening than good.

Heliopios · 28th August 2008, 00:18

There's a difference between someone who is rich because people in their family before them were rich, and people who are rich because they worked for it.

Without massive taxes on people who manage to spend their millions in a year, what's to stop them from inflating the currency where Joe-Public can't afford simple livings because some jackass spends a hundred million on a golden dolphin cyborg (multiplied by the amount of money wasting people) and drove the economy into shit? How do middle class people manage to have a good life while not spending millions? It's called self control, and because some people are just that goddamn rich they have no reason to regulate their spending. Taxes should do that, and keep the rich from getting richer because they're rich.

Asmodeus · 28th August 2008, 11:16

Must not rant >.<

Mpträ · 28th August 2008, 13:39

Wealth tax exist here in Sweden, just fyi.

Heliopios · 29th August 2008, 00:42

Quote:

Originally Posted by Mpträ

Wealth tax exist here in Sweden, just fyi.

That's surprising, to say the least, considering how much higher prices are for everything compared to the rest of the world in the Nords.

Geo · 30th August 2008, 07:48

California really needs to fall off into the ocean, preferably while Nancy Pelosi is on the beach

melanko · 9th September 2008, 00:58

Quote:

Originally Posted by Geo

California really needs to fall off into the ocean, preferably while Nancy Pelosi is on the beach

I's have to agree with that statement, but give me some time to move north first

thx

SkirmCard · 9th September 2008, 01:08

As a person who lives in Nevada, I absolutely hope this does not happen. We have enough Californians coming over here and giving us all their problems. Not only did they jack up real estate prices RIGHT before the bubble burst (causing some houses to half in value, and still falling), but now we're becoming over populated and running out of water.

Don't even get me started on the hippy-smell.

mikesanimation · 17th September 2008, 05:59

Quote:

Originally Posted by bluealien1

Punish people for being successful, great idea.

I can see what they're getting at here, but yeah thats about what it is. I think it'll get shot down either way.

BTW: California ftw.

zachrates · 17th September 2008, 15:05

Wooowwww. I'm sure glad I'm not rich, for once. I live in Anaheim. I can tell that Cali is going to go down the shitter soon. If I was rich I'd be moving out like NOW. I'd move to Oregon or Washington though.

Heliopios · 17th September 2008, 23:48

Quote:

Originally Posted by zachrates

I'd move to Oregon or Washington though.

Fuck that, they don't need to be ruining the only decent States.

zachrates · 18th September 2008, 02:31

Haha =D. My uncle and Aunt live there, I love it. I'm tired of city life.

27th August 2008, 21:55	#1 (permalink)
melanko Junior Member Join Date: Jul 2008 Posts: 82 Rep Power: 1	California Wealth Tax Proposal Interesting read that my boss sent me. If you live in the United States and reside in California, you should read this: http://www.taxfoundation.org/blog/show/23538.html __________________ Melanko's Gamer Blog. "See you down in Arizona Bay... " -B. Hicks/MJK

27th August 2008, 22:05	#2 (permalink)
bluealien1 Junior Member Join Date: Apr 2008 Location: CT, USA Posts: 229 Rep Power: 1	Punish people for being successful, great idea. __________________

28th August 2008, 11:16	#5 (permalink)
Asmodeus Member Join Date: Apr 2008 Posts: 211 Rep Power: 1	Must not rant >.< __________________ Don't criticize what you can't understand

30th August 2008, 07:48	#8 (permalink)
Geo Junior Member Join Date: Apr 2008 Posts: 220 Rep Power: 1	California really needs to fall off into the ocean, preferably while Nancy Pelosi is on the beach __________________ SlyPieGuy on Forumfall Also, SCS

9th September 2008, 01:08	#10 (permalink)
SkirmCard Member Join Date: Apr 2008 Location: Reno, Nevada Age: 25 Posts: 303 Rep Power: 1	As a person who lives in Nevada, I absolutely hope this does not happen. We have enough Californians coming over here and giving us all their problems. Not only did they jack up real estate prices RIGHT before the bubble burst (causing some houses to half in value, and still falling), but now we're becoming over populated and running out of water. Don't even get me started on the hippy-smell. __________________

28th August 2008, 00:18	#4 (permalink)
Heliopios Member Join Date: Apr 2008 Location: Spokane, Washington, USA Posts: 353 Rep Power: 1	There's a difference between someone who is rich because people in their family before them were rich, and people who are rich because they worked for it. Without massive taxes on people who manage to spend their millions in a year, what's to stop them from inflating the currency where Joe-Public can't afford simple livings because some jackass spends a hundred million on a golden dolphin cyborg (multiplied by the amount of money wasting people) and drove the economy into shit? How do middle class people manage to have a good life while not spending millions? It's called self control, and because some people are just that goddamn rich they have no reason to regulate their spending. Taxes should do that, and keep the rich from getting richer because they're rich.

17th September 2008, 15:05	#12 (permalink)
zachrates Junior Member Join Date: Apr 2008 Posts: 58 Rep Power: 1	Wooowwww. I'm sure glad I'm not rich, for once. I live in Anaheim. I can tell that Cali is going to go down the shitter soon. If I was rich I'd be moving out like NOW. I'd move to Oregon or Washington though.

18th September 2008, 02:31	#14 (permalink)
zachrates Junior Member Join Date: Apr 2008 Posts: 58 Rep Power: 1	Haha =D. My uncle and Aunt live there, I love it. I'm tired of city life.