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Steal what was earned. Good Ole blue team.
Keep supporting illegal aliens and felons.
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The state should starting taxing by the youngsters each person has in school.
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^ +1
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I guess there's roughly 100,000 well to do people who still haven't figured out how to live in CA part time and pay taxes in another state to avoid CA taxes.
What if that number drops to 50,000... or 25,000?
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That's just CA taxes
How much you think they send to the fucking Federales?
Quick math tells me at least 3x
So another $105 Billion on top of the $35 Billion to the state
Those fuckers are leeches sponging off the rest of us
You know..........like loony Jimbo
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Goebbels reptilian brain can only handle bite sized nuggets of information. The big picture causes hypostatic pressure on his head and pushes his brain out his ass.
The truth is nuanced. Prop 13 crippled local tax funding of schools in particular, which is probably why goebbels is an idiot. The chickens always come home to roost. Ever since the 1978 white version of a domestic riot the state budget has needed to find ways to fill the local tax loss incurred by prop 13. Taxing the very people who benefit most from prop 13 is both pragmatic and fair. The result?
The non partisan Legislative Analysts Office estimated the state would see a $31-billion surplus for the 2022-23 budget year.
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You want to be fair in taxation?
Reward work.
Tax EVERYONE the same percentage rate.
Have everyone "pay their fair share"
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Fred ward you are so mercifully free of the ravages of intelligence. Do you think Elon Musk and Bill Gates pay taxes? No. We the punters pay taxes. Unearned income is tax free because of lemmings like you who vote republican. Taxing the poor the same as the rich is not a solution. It is oppression.
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Hey1,
According to this article Elon Musk is probably paying about 11 Billion in taxes for 2021.
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@Hey1
You said: " We the punters pay taxes. "
In some cases, this is truth!
Democrat mantras:
"Raise taxes on corporations!"
"Raise taxes on oil companies!"
"Make the rich pay their 'fair share!"
"We're not raising any taxes on the poor and middle class."
Every time you turn around, Democrats are trying to raise taxes in the name of "fairness." Tax those oil companies, corporations, and rich guys! Tax the shit out of them! And then vote for us!"
But who are they really taxing? YOU! That's right, you!
Corporations will get their profits. Period. If they have fixed and variable costs of 80% per unit, and a 20% profit which is taxed at 21% (the nominal federal corporate tax rate in the United States of America is a flat 21% due to the passage of the Tax Cuts and Jobs Act of 2017), that's a 15.8% profit margin. Raise the flat tax rate to 30%? No problem, the corporation will just increase the cost to the consumer (that's you), and pass that cost on to you. So you're paying their taxes! They will still get their 15-16% profit margin at the end of the day. You will just pay more.
Hate those corporations. They provide us with all the goods and services that we want...and provide jobs, 401k's, insurance, and financial security. Fuck those horrible corporations! Trust the government to give you all of that shit!
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amusing to see guys like hey1 calling out others "lack of intelligence" while providing proof of his own "lack of intelligence". thank you....hahaha
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Taxes, especially in California has essentially become wealth redistribution.
like it or not...
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"amusing to see guys like hey1 calling out others "lack of intelligence" while providing proof of his own "lack of intelligence". thank you....hahaha "
+ infinity
Since HeyI'mAnIdiot loves them, here you go..........
State liabilities report
In May 2014, the LAO released a report on California's retirement, infrastructure, and budgetary liabilities. The report found that total liabilities equaled $340 billion while also offering a plan for repaying the liabilities and in which order.[3]
The LAO suggested that liabilities with higher interest rates and benefits for groups or citizens not associated with the state government ought to be repaid first. Specifically, the LAO also recommended that a funding plan for the California State Teachers' Retirement System was a large priority for addressing California's liabilities.[3]
Furthermore, the LAO stated that nearly $140 billion of the current liabilities did not require changes to present law and policy, specifically liabilities involved with the California Public Employees’ Retirement System (CalPERS) and state employee pension benefits.[3]
According to the LAO, we're minimum 1/2 Trillion dollars in liabilities back in 2014, other estimates put it closer to $1 Trillion today..........so yeah, a $30 billion bullshit budget surplus.........right
HeyMyBrainIsSwissCheese, You should do like your HX Prog buddies and just not post at all rather than post and prove your utter stupidity
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Hey 1 - you complain about "unearned income"
Do you know what that means? Do you REALLY think it's not taxed?
It is.
Unearned income has many forms, but it is ALL taxed.
All of it.
The most common "unearned income" that most people can relate to is asset apprciation.
You buy a house/ condo ten years ago for $500,000.
It's now worth $1,500,000.
Do you have the extra million dollars in your bank account?
No.
Will you be taxed on the sales price, minus the capital gains exemption.
You own stock? Same deal, stock goes up in price, you aren't taxed on it till you sell it.
Stocks/ homes, other investments can and DO loose money - so it's not taxed unless and until sold.
Simple.
And for what it's worth, tax the shit out of corporations, Although corporations "pay taxes" - they really don't as what they do is COLLECT taxes by passing the tax burden onto the consumer..... as Yellow states.
Some people get it - some don't.
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| There are 14 comments on this blog. |
