California losing people and tax revenue

[Mac-7]

Lib democrats in Sacramento continue driving high earners away to red Republican states

For instance the personal cal income tax assessment of those leaving was $140,000 whereas those moving was $110,000

 

[Manonthestreet]

 

[LeftofLeft]

A tall order on my part, but given the excessive failures of San Francisco and Los Angeles, a red wave is exactly what the state needs.

 

[Independent thinker]

Lib democrats in Sacramento continue driving high earners away to red Republican states

For instance the personal cal income tax assessment of those leaving was $140,000 whereas those moving was $110,000

No problem. All California has to do is raise the taxes on everyone still there.

 

[Mac-7]

No problem. All California has to do is raise the taxes on everyone still there.

Yeah, Pedro the illegal alien will just have to do more shoplifting so he can pay the extra tax

 

[Dont Taz Me Bro]

The entire ideology of the political left is envy, jealousy, and greed that someone might have more than they do. They never learn not to bite the hand that feeds them. This is the same story repeated over and over again.

 

[struth]

People are fleeing Dem run shitholes faster then people fleed East Berlin

 

[toobfreak]

Lib democrats in Sacramento continue driving high earners away to red Republican states

We gotta stop referring to states as red or blue---

They are really Capitalistic and Socialist now.

• In the capitalist states, individuals freely explore their upward-mobility.
• In the Socialist states, everyone is part of the whole, run by the state, and there is no mobility.

 

[citygator]

Everything is simple to you numbnuts. Do you notice in the table below that revenue kept rising even during years when population flattened or declined? California tax revenue has to do with investment returns of the tech market. Not the few people who move out due to it being expensive. They werent paying much in taxes anyway. You guys cant see more than 1mm deep in issues.

Guess where the all the AI action is???????

Major California AI companies

• OpenAI
• Google / Alphabet Inc.
• Meta Platforms
• NVIDIA
• Anthropic

Key AI talent pipelines

• Stanford University
• University of California, Berkeley
• California Institute of Technology

Returns and tax revenue look to be good this year.. just a guess.

 

[Mac-7]

Everything is simple to you numbnuts. Do you notice in the table below that revenue kept rising even during years when population flattened or declined? California tax revenue has to do with investment returns of the tech market. Not the few people who move out due to it being expensive. They werent paying much in taxes anyway. You guys cant see more than 1mm deep in issues.


View attachment 1228557


Guess where the all the AI action is???????

Major California AI companies

• OpenAI
• Google / Alphabet Inc.
• Meta Platforms
• NVIDIA
• Anthropic

Key AI talent pipelines

• Stanford University
• University of California, Berkeley
• California Institute of Technolog

Libs make a big deal about income distribution

In california a few rich people get most of the money with just crumbs for the poor thanks to liberal/progressive policy

 

[Failzero]

They can’t redistrict or tax their way outta this

 

[struth]

Everything is simple to you numbnuts. Do you notice in the table below that revenue kept rising even during years when population flattened or declined? California tax revenue has to do with investment returns of the tech market. Not the few people who move out due to it being expensive. They werent paying much in taxes anyway. You guys cant see more than 1mm deep in issues.


View attachment 1228557


Guess where the all the AI action is???????

Major California AI companies

• OpenAI
• Google / Alphabet Inc.
• Meta Platforms
• NVIDIA
• Anthropic

Key AI talent pipelines

• Stanford University
• University of California, Berkeley
• California Institute of Technology

Returns and tax revenue look to be good this year.. just a guess.

Tech companies are fleeing Cali

These 14 companies have left California over the years

McKesson, Chevron, and Tesla are among the biggest companies to leave California in recent years.

www.businessinsider.com

Cali has lost billions in revenue due to people fleeing

California Lost $102 Billion in Income Due to Migration of Taxpayers, Tax Data Shows - AD74 | Davies

More than $102 billion in income left California from 2020 to 2022 as people migrated to other states, according to IRS data cited in a July 31 report from the Legislative Analyst’s Office (LAO). “The number of taxpayers who move out of California each year ticked up in 2020 with the beginning...

ad74.asmrc.org

 

[toobfreak]

No problem. All California has to do is raise the taxes on everyone still there.

I thought maybe they would give all of the illegals there jobs earning income cleaning up after all of the homeless camps to generate a lot more tax revenue.

 

[Independent thinker]

I thought maybe they would give all of the illegals there jobs earning income cleaning up after all of the homeless camps to generate a lot more tax revenue.

Someone has been cleaning that up?

 

[Thinker101]

 

[Failzero]

Illinois Minnesota California and 4 other states going. Bankrupt could kickstart Cloward / Piven collapse

 

[Augustine_]

Lib democrats in Sacramento continue driving high earners away to red Republican states

For instance the personal cal income tax assessment of those leaving was $140,000 whereas those moving was $110,000

For decades and decades the right has been saying the rich are going to flee and will continue to do so for decades more

 

[Mac-7]

For decades and decades the right has been saying the rich are going to flee and will continue to do so for decades more

The rich are fleeing california and other blood sucking, high tax blue states

 

[Augustine_]

The rich are fleeing california and other blood sucking, high tax blue states

Yes I pointed out that the right has been saying that every year for decades and decades

 

[Mac-7]

Yes I pointed out that the right has been saying that every year for decades and decades

We’re both right

We’ve been saying it and its been happening