You'll Be Taxed For Ten Years After Leaving California

[kaz]

if it passes and the residents of the state dont rise up against this then they deserve what they get.....im sure it will be taken to court and cost the tax payers even more money....i am glad i got the **** out of there.......

For sure. I've been gone more than 10 years, I'm safe. But this is absurd

 

[BluesLegend]

For absurd illegal taxes, vote Dem.

 

[BluesLegend]

If you flee the Dem plantation you will be tracked down and PUNISHED!!

 

[easyt65]

I always wonder just how loopy the Democrats really are, and then they set the bar lower.

"If you move in Year One, 90% of the tax bill applies..." he said, adding that the following year it drops to 80% and so on until it is phased out to zero.

Cavuto questioned whether such a move was legally feasible.

"For ten years, the wealth was accumulated during their time in California ... and that is what we're proposing in our bill. We believe we can do that, certainly we're open to dialogue and discussion as we move the bill forward, but we think it’s a sound approach and has a strong legal foundation," said Bonta.

Cavuto presses California assemblyman over wealth tax plan amid millionaire 'jailbreak' from Golden State

Its illegal.

Your money is your money. It can be taxed at the time it is made / earned. If I take my money out of Ca it is my business and my money.

F* those socialist nutbags. They made their hellhole - let them live in it...and pay the tab on their socialist Utopia.

 

[OKTexas]

So the commies want 10 bites of the same income, does this surprise anyone? Taxes were paid when the money was earned, they can't come back for more. They have no right to tax citizens of another State.

.

 

[Missouri_Mike]

Wouldn’t this pretty much make California just like England in 1776? Taxation without representation?

 

[BasicHumanUnit]

You know, I've come to the conclusion that California and Ontario have a great number of similar problems. Both highly in debt (Ontario FAR worse than Cali with a far weaker economy). Some in our governments have tried to push for university grads to be forced to stay in Ontario rather than leave for opportunities elsewhere (sort of like living in East Berlin and being unable to jump the wall).

Now Cali is trying to punish people for making money and leaving? I can't see how a state law could even be enforced if they don't re-enter the state. If they leave for good, how can you punish them in future years?

Is it possible that if they land in another democommunist state, that state will help enforce it?
Can you imagine the joy from double taxation Dems would get?

 

[ColonelAngus]

You ******* liberals are goddamn bananas.

 

[BasicHumanUnit]

Wouldn’t this pretty much make California just like England in 1776? Taxation without representation?

Excellent analogy !

 

[Fueri]

Seeing more and more attempts from these high tax states to make leaving so expensive it will disincentivize people from doing so.

Transfer taxes on a sale of a home they've already taxed the shit out of you for to get that last sqeeze out of you is becoming common, now they want to encumber you for a decade.

Here's a crazy idea, make your state and local personal and business taxes competitive so it isn't so attractive for people to jump ship, but no, that's too simple. These morons' answer to people fleeing taxes is to levy yet more taxes. Just insane.

 

[BasicHumanUnit]

You ******* liberals are goddamn bananas.

Please don't insult the bananas

 

[Harry Dresden]

if it passes and the residents of the state dont rise up against this then they deserve what they get.....im sure it will be taken to court and cost the tax payers even more money....i am glad i got the **** out of there.......

For sure. I've been gone more than 10 years, I'm safe. But this is absurd

just before i left they were tossing this around....

 

[ColonelAngus]

This had to be unconstiutional...but that doesnt stop liberals.

Look at Obama and the EOs of his that were unconstitional.

 

[ColonelAngus]

I love that so many virtue signaling rich liberals vote for these assholes. I hope California does take money from those who leave for 10 years. Those idiots deserve it.

Do any of these stupid ***** study history AT ALL?

Its called communism,you tards....and you voted for it every time you voted Dim.