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11-25-2009, 04:49 PM
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Senior Member
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Join Date: Mar 2008
1,083 posts, read 926,903 times
Reputation: 318
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Proposition Petitions to Be Circulated For Initiative Eliminating Calif Income and Property Taxes for Residents Over 55
The petition collectors in front of stores just gained some new potential ballot propositions to keep them busy.
The Secretary of State announced today that petitions can be circulated for a new ballot proposition eliminating both the state income tax and property taxes for any Californian over 55 years of age. It would also prohibit the state levying an estate tax.
The proponents need to collect 694,354 signatures from California registered voters in the next 150 days, basically before April 23, 2010.
If it collects enough signatures it would be placed on the November 2010 ballot. More info here
http://www.sos.ca.gov/admin/press-re...9/db09-074.pdf
The same person proposing this has also received state permission to collect signatures on 2 other proposition proposals.
One would prohibit using income, sales or property taxes to fund public schools and colleges.
http://www.sos.ca.gov/admin/press-re...9/db09-075.pdf
The other would prohibit state or local government and the schools themselves from establishing curriculum. It would make parents the sole authority on what is taught to their children.
http://www.sos.ca.gov/admin/press-re...9/db09-076.pdf
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11-25-2009, 05:03 PM
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Senior Member
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Join Date: Oct 2008
Location: Palm Springs, CA
13,617 posts, read 3,802,159 times
Reputation: 2175
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Incredible. I wonder how likely it is that these measures could pass.
California is such an interesting place.
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11-25-2009, 05:24 PM
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Senior Member
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Join Date: Jul 2009
Location: San Jose
327 posts, read 150,986 times
Reputation: 168
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Translation: "I should be able to retire in California for free while everyone else works to support me!"
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11-25-2009, 06:42 PM
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Member
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Join Date: Aug 2009
88 posts, read 46,435 times
Reputation: 130
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Support you? How do they suppot you? Tanslate what you mean into "it bugs me that I have to let the state government screw me over while they get away free". They say that envy is the most powerful human emotion.
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11-25-2009, 07:36 PM
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Senior Member
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Join Date: Nov 2009
Location: Everywhere and Nowhere
2,830 posts, read 760,114 times
Reputation: 729
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My translation: Young people, run for the border! Come to Virginia where our taxes our low, the pay is high, jobs for you are interesting and plentiful, and where your future is bright. Leave the old farts behind to sink into fiscal oblivion in their giant retirement community. In my opinion we should tax old people more and if they whine, put them out on icebergs for the polar bears.
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11-25-2009, 08:46 PM
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Senior Member
Status:
"Spring is in the air."
(set 12 days ago)
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Join Date: Jun 2006
Location: Oregon Coast
1,780 posts, read 1,919,341 times
Reputation: 1076
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California right now is a young state. If they managed to pass that into law then California would be a good place for retirees to move to. Right now many retored people move out of California. It's something to consider. Some older people bring money with them when they retire.
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11-25-2009, 08:51 PM
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Senior Member
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Join Date: Jul 2009
Location: San Jose
327 posts, read 150,986 times
Reputation: 168
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Quote:
Originally Posted by CAVA1990
In my opinion we should tax old people more and if they whine, put them out on icebergs for the polar bears.
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The "Greatest Generation" begat the "Greediest Generation."
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11-25-2009, 09:43 PM
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Senior Member
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Join Date: Apr 2007
Location: Orange County CA
6,221 posts, read 6,220,111 times
Reputation: 2718
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55 years old!?!?!? Most people are in their highest earning years at that point. Raise that age to at least 70 and maybe it would make some sense. Is this backed by all the government workers who retire at age 55 and make 70% of their highest salary for life + COLAs?
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11-25-2009, 10:19 PM
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Senior Member
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Join Date: Feb 2009
Location: NorCal
5,313 posts, read 1,349,475 times
Reputation: 2483
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Crazy. It's true that anyone can try to put anything on a ballot. I especially love the "parents decide" initiative. I can only imagine how THAT would work when the PTA get's in fights over petty issues all the time.
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11-25-2009, 10:25 PM
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Moderator
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Join Date: Apr 2007
Location: Sacramento
9,972 posts, read 5,934,555 times
Reputation: 2153
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As someone over 55 myself, I wouldn't support the proposal.
I know quite a few states don't have income taxes on pensions, to try and keep the older folks in the state. They use a bit less services, especially schools, so it is pretty cost beneficial to keep old timers around. States that have income taxes, but exclude pensions, are:
Pennsylvania
New York
Alabama
Illinois
Hawaii
Kansas
Massachusetts
Michigan
Mississippi
Louisiana
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