California income taxes
03-30-2021, 07:28 AM
#801
Gets Weekends Off
Joined APC: Sep 2016
Posts: 6,737
I do, but not with the current congress. The amount of power in the incumbency and the amount of graft have made the status quo far too lucrative. A new leadership, comprised of honest people, dedicated to short terms in office and correcting the exponential growth of the government since WW! could right the ship. There would be short term pain for sure. Brave people accept short term pain for long term success.
Animated Chart: US Government Spending as Percentage of GDP - YouTube
Animated Chart: US Government Spending as Percentage of GDP - YouTube
03-30-2021, 07:36 AM
#802
Gets Weekends Off
Joined APC: Sep 2019
Posts: 1,538
You asked if it was possible. If you asked if it was likely you would have gotten a different answer.
It's been fun but I have to go fly now. Later.
03-30-2021, 09:48 AM
#803
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Joined APC: Mar 2015
Posts: 289
[QUOTE=HIFLYR;3213131]Thing that gets me is people flee California for lower tax states and then proceed to try to change that place into California by voting for the same things that they fled.[/
Moderate income families aren’t fleeing the taxes, they just can’t afford housing. The effective tax rate for someone making 60k a year (median U.S. income) is 3.85% without including any deductions, which isn’t much different than most states that have an income tax. It’s the $1,000,000 price tag on a one bedroom apartment that gets most people.
Moderate income families aren’t fleeing the taxes, they just can’t afford housing. The effective tax rate for someone making 60k a year (median U.S. income) is 3.85% without including any deductions, which isn’t much different than most states that have an income tax. It’s the $1,000,000 price tag on a one bedroom apartment that gets most people.
03-30-2021, 09:59 AM
#804
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Joined APC: May 2010
Position: Baja Vermont
Posts: 5,197
A better tax plan would generate more more investment, better growth, better wages. You might look at the economy of 2017-2019. Crushing investment isn’t a good future, but the COVID spending pretty guarantees a reckoning.
03-30-2021, 10:03 AM
#805
Gets Weekends Off
Joined APC: Jan 2009
Posts: 1,269
California income taxes
[QUOTE=AncientAliens;3213418]
This. A lot of people who’ve never lived in Cali don’t get this. I live in Ohio now and we have outrageous property taxes, a 4.8% state income tax, and most bigger cities in Ohio have some form of an income tax (Columbus is 2.5%) on top of that.
California property taxes are technically lower than Ohio (this can get convoluted depending on mello roos and school districts) and there’s no city income tax per the state constitution. So yeah... it’s not the taxes, it’s the real estate prices that drive people out, especially if you’re looking to raise a family in a good family friendly neighborhood. Real estate prices are market driven and don’t have a lot to do with how the government is run.
Thing that gets me is people flee California for lower tax states and then proceed to try to change that place into California by voting for the same things that they fled.[/
Moderate income families aren’t fleeing the taxes, they just can’t afford housing. The effective tax rate for someone making 60k a year (median U.S. income) is 3.85% without including any deductions, which isn’t much different than most states that have an income tax. It’s the $1,000,000 price tag on a one bedroom apartment that gets most people.
Moderate income families aren’t fleeing the taxes, they just can’t afford housing. The effective tax rate for someone making 60k a year (median U.S. income) is 3.85% without including any deductions, which isn’t much different than most states that have an income tax. It’s the $1,000,000 price tag on a one bedroom apartment that gets most people.
This. A lot of people who’ve never lived in Cali don’t get this. I live in Ohio now and we have outrageous property taxes, a 4.8% state income tax, and most bigger cities in Ohio have some form of an income tax (Columbus is 2.5%) on top of that.
California property taxes are technically lower than Ohio (this can get convoluted depending on mello roos and school districts) and there’s no city income tax per the state constitution. So yeah... it’s not the taxes, it’s the real estate prices that drive people out, especially if you’re looking to raise a family in a good family friendly neighborhood. Real estate prices are market driven and don’t have a lot to do with how the government is run.
03-30-2021, 11:11 AM
#806
Gets Everyday Off
Joined APC: Aug 2016
Position: Fully Retired
Posts: 7,000
Exactly right. The US Constitution is set up with Checks and Balances to help deal with (at least partly) dishonest politicians. If you think we are bad, look at some other countries without them. (N. Korea, Cuba, and Venezuela to cite three.)
03-30-2021, 01:03 PM
#807
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Joined APC: Sep 2019
Posts: 1,538
Unfortunately our system of checks and balances has broken. The legislative branches turn to an activist judiciary to enact policies that are not supported by their constituents. The executive branch uses executive orders to enact shadow legislation and the courts and legislative branch do nothing to stop it. The courts enact policy by either acting on issues that legislatures can't get passed or change unconstitutional legislation to make it fit rather than simply finding it unconstitutional and forcing the legislative bodies to vote on unpopular bills.
03-30-2021, 02:03 PM
#808
Gets Weekends Off
Joined APC: May 2010
Position: Baja Vermont
Posts: 5,197
[QUOTE=TrojanCMH;3213427]
This. A lot of people who’ve never lived in Cali don’t get this. I live in Ohio now and we have outrageous property taxes, a 4.8% state income tax, and most bigger cities in Ohio have some form of an income tax (Columbus is 2.5%) on top of that.
California property taxes are technically lower than Ohio (this can get convoluted depending on mello roos and school districts) and there’s no city income tax per the state constitution. So yeah... it’s not the taxes, it’s the real estate prices that drive people out, especially if you’re looking to raise a family in a good family friendly neighborhood. Real estate prices are market driven and don’t have a lot to do with how the government is run.
Zoning and building codes have a lot to do with California real estate costs as do environmental and permitting costs. That’s all on government.
This. A lot of people who’ve never lived in Cali don’t get this. I live in Ohio now and we have outrageous property taxes, a 4.8% state income tax, and most bigger cities in Ohio have some form of an income tax (Columbus is 2.5%) on top of that.
California property taxes are technically lower than Ohio (this can get convoluted depending on mello roos and school districts) and there’s no city income tax per the state constitution. So yeah... it’s not the taxes, it’s the real estate prices that drive people out, especially if you’re looking to raise a family in a good family friendly neighborhood. Real estate prices are market driven and don’t have a lot to do with how the government is run.
Zoning and building codes have a lot to do with California real estate costs as do environmental and permitting costs. That’s all on government.
03-30-2021, 02:12 PM
#809
Gets Everyday Off
Joined APC: Aug 2016
Position: Fully Retired
Posts: 7,000
Unfortunately our system of checks and balances has broken. The legislative branches turn to an activist judiciary to enact policies that are not supported by their constituents. The executive branch uses executive orders to enact shadow legislation and the courts and legislative branch do nothing to stop it. The courts enact policy by either acting on issues that legislatures can't get passed or change unconstitutional legislation to make it fit rather than simply finding it unconstitutional and forcing the legislative bodies to vote on unpopular bills.
03-30-2021, 02:25 PM
#810
Gets Weekends Off
Joined APC: Jan 2009
Posts: 1,269
California income taxes
Building codes and zoning have almost zero to do with the cost of buying or building a house in CA. They don’t make a 3000 sq ft house $1.5 million compared to $400k in a Midwest city, it’s the market...
Taxes aren’t ridiculous in California, they’re average if anything... it’s a tired repeated argument made by people who don’t know what they’re talking about. Sure Florida, Tennessee are better but California is average at worst.
https://wallethub.com/edu/best-worst...-taxpayer/2416
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Last edited by TrojanCMH; 03-30-2021 at 02:42 PM.
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