Takers vs. Makers Update: Why Work When you can Occupy?

[_EAllusion]

People living in California are already living under its current tax structure. A marginal increase on that is just that, a marginal tax increase. The idea that everyone will just up and move because of a few point increase is ludicrous. It doubtless will have a parallel marginal impact because for a small portion of people that will indeed be the final straw, but that's not everyone. That's because taxes - at least within a certain range - aren't the sole or even most important factor in determining what most people value in a residence. There are plenty of good reasons to oppose tax increases, and you undermine that case when you leapfrog them into a looney-tunes argument that your opponents will use as their strawman to beat up on.
.

[_Droopy]

People living in California are already living under its current tax structure. A marginal increase on that is just that, a marginal tax increase. The idea that everyone will just up and move because of a few point increase is ludicrous. It doubtless will have a parallel marginal impact because for a small portion of people that will indeed be the final straw, but that's not everyone. That's because taxes - at least within a certain range - aren't the sole or even most important factor in determining what most people value in a residence. There are plenty of good reasons to oppose tax increases, and you undermine that case when you leapfrog them into a looney-tunes argument that your opponents will use as their strawman to beat up on.
.

California has been hemorrhaging entrepreneurs, investors, job creators, and established businesses of all sizes for a number of years - in droves.

Get back with us when you've read the links I posted, done some homework, and can comment seriously on the subject.

[_Droopy]

The idea that everyone will just up and move because of a few point increase is ludicrous. It doubtless will have a parallel marginal impact because for a small portion of people that will indeed be the final straw, but that's not everyone.

[img]http://i192.photobucket.com/albums/z57/Lucky13_Albums/straw-man.jpg
[/img]

That's because taxes - at least within a certain range - aren't the sole or even most important factor in determining what most people value in a residence. There are plenty of good reasons to oppose tax increases, and you undermine that case when you leapfrog them into a looney-tunes argument that your opponents will use as their strawman to beat up on.

An unprofitable business flees regulation, a profitable business flees high taxes, and high taxes can create unprofitability from profitability with ease (and regulatory compliance costs, permitting, licensure, and fines are just as much taxes as any other kind of tax). Everyone isn't leaving - most can't, and most people aren't employers, but employees (and they've been leaving in droves to, for quite sometime, in search of greener pastures). Taxes are only one of the systemic and entrenched problems facing California, which has become essentially a satrapy of the environmental movement, the unions, and an ensconced, overwhelmingly leftist ruling political class.

[_krose]

Get back with us when you've read the links I posted, done some homework, and can comment seriously on the subject.

There's nothing quite so amusing as ignorant haughtiness. You obviously don't even know what "marginal" means when talking about taxes (hint: it doesn't mean "small").

[_Brackite]

Some of the Millionaires in California will just decide to move out of California if they get another tax increase.

Really, how likely is it that someone would move to another state and leave a job that pays over a million dollars, just to avoid paying another 3% on the amount above a million?

Even if they could transfer to another state and keep the same salary, I don't see it. I can't speak for anyone else, but if I made that much money, I would gladly pay the higher tax to live in Newport Beach or La Jolla, rather than live in a low-tax place like Utah or Arizona (or Texas -- ugh!) and make even more.

The Bush tax cuts are set to expire on January 1, 2013. That will be at the same time that the Proposition 30 income tax increases takes place on incomes over $250,000 if that Proposition passes in California. There is at least a 60% chance of President Barack Obama winning re-election now. If President Barack Obama wins re-election there is absolutely no way in hell that he is going to re-new the Bush tax cuts on the people with incomes over $250,000. So if President Barack Obama and Proposition 30 both win, the people with income of over $250,000 in California will get their tax increases on both the Federal level and the State. That will truly cause some of the Millionaires in California to move out of that State.

California's Proposition 30 Needs to be defeated. It also raises the States' sales tax by a quarter of a cent. California already has the highest minimum State sales Tax in the Nation. Nearly all of the tax money raised from Proposition 30 if it passes will be used to pay for Public Union salaries and pensions.

http://www.bloomberg.com/news/2012-04-2 ... hools.html