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I have a friend who just bought a summer home there. And another who has lived there since the 80's.
Friend who just bought there said you have to move quick when a homes gets listed or they go quickly. They got lucky and agent had a friend who was listing, paid full price immediately so they didn't get caught up in buying war.
Seattle is of the fastest growing areas in the country.
I live in NV, no state taxes also. We now have a business tax now if you make more than 4 million per year, you pay a small tax. BFD, businesses are still opening.
I left a state where at the time we paid 8% business tax. The state still has people and people are still starting businesses there.
97% of people that are employees know next to nothing about the reality of what business people will do. Yeah there are greedy business people but the majority of successful business know there are prices to pay to be successful.
If you are bring home $300,000 + a year, 1 or 2% means nothing. Unless you live with some depression era mental illness. Or are greedy.
I like having police. fireman, nice roads etc.
How lucky we all are to have someone like you saving us the effort of thinking for ourselves by telling us what is/isn't excessive and what is/isn't greedy.
If folks in the area don't like it, this person won't get re-elected. And if folks living there don't mind and they re-elect this person...that's on them
Those aren't the only choices. They can also move to just outside the Seattle city limits.
This is the problem with socialist/Leftist thinking. In fact, they don't think. Leftists "feel," they don't know how to think.
The above statement is at least partly true.
Example, leftists "feel" the need for the poor and low income workers to have good lives. And isn't that a honorable and Christian-like thing?
But when leftists do things like write laws to raise wages they don't fully realize the economic consequences of their actions, and then leftists enact wage laws that hurt certain small businesses. But those on the right could "think" of ways to stop wage increases from hurting those small businesses, like exempting certain small businesses from wage laws and enacting wage increases very slowly over time.
Clearly the leftists are having "feelings" about helping unfortunate Americans. But why can't those on the right realize that is a honorable thing, and then "think" of ways how those honorable "feelings" can be put into laws without negative economic consequences?
But perhaps since those on the right have no "feelings" to help unfortunate Americans, they can not "think" of ways to help unfortunate Americans.
And personally I would rather side with those who "feel" honorable things than side with those who "think" un-honorable things, like those on the right who "think" about no assistance for the poor, low wages for workers, no healthcare for everyone, no equal wages for women, no rights for gay people, hatred of Muslims and South Americans, and low tax rates for the wealthy.
And a leftists "feelings" have at least some thought with them, and leftists "feel" countless things. But a rightist can basically only "think" about 3 things (and that's no assistance for the poor, low wages for workers, and low tax rates for the wealthy.) And since leftists "feel" countless things and rightists only "think" about 3 things (the left will have more "thought" than the right.)
Isn't Fairfield County one of the wealthiest counties in the country?
And the highest taxed county in CT. Also the most prosperous and fastest growing county.
Shocking, but the wealthy aren't going to destroy their lives and uproot their families to save a few grand. They aren't moving their kids to the Congo just so they can escape the taxman.
Yes. This is the govt. role. If you don't like it, you can move somewhere like Somalia, which has no central govt. and no taxing authority. Problem solved.
nononsenseguy has just as much a right to speak and share his opinions as you do. Believe it or not if you shut your mouth and open your mind, you could learn a lot from someone like him. So stuff it with that "if you don't like it you can leave" stupidity. You can disagree with someone without being all like "if you don't like it you can leave." There's room for all of us in America.
Example, leftists "feel" the need for the poor and low income workers to have good lives. And isn't that a honorable and Christian-like thing?
But when leftists do things like write laws to raise wages they don't fully realize the economic consequences of their actions, and then leftists enact wage laws that hurt certain small businesses. But those on the right could "think" of ways to stop wage increases from hurting those small businesses, like exempting certain small businesses from wage laws and enacting wage increases very slowly over time.
Clearly the leftists are having "feelings" about helping unfortunate Americans. But why can't those on the right realize that is a honorable thing, and then "think" of ways how those honorable "feelings" can be put into laws without negative economic consequences?
But perhaps since those on the right have no "feelings" to help unfortunate Americans, they can not "think" of ways to help unfortunate Americans.
And personally I would rather side with those who "feel" honorable things than side with those who "think" un-honorable things, like those on the right who "think" about no assistance for the poor, low wages for workers, no healthcare for everyone, no equal wages for women, no rights for gay people, hatred of Muslims and South Americans, and low tax rates for the wealthy.
And a leftists "feelings" have at least some thought with them, and leftists "feel" countless things. But a rightist can basically only "think" about 3 things (and that's no assistance for the poor, low wages for workers, and low tax rates for the wealthy.) And since leftists "feel" countless things and rightists only "think" about 3 things (the left will have more "thought" than the right.)
This is a complete mischaracterization.
People on the right aren't against assistance for the poor. In fact, they are all for it. They just don't believe it should be forced.
Second, people on the right aren't going around hoping for low wages on anybody. If your service provides a lot of value, your wages will be high. If it provides low value, your wages will be low. "Righties" don't hope for you to have low wages. They hope you are paid every penny you are worth.
Third, people on the right would like to see low taxes for everybody, not just the wealthy.
I believe in some social programs and safety nets, but it seems like people on the left are always looking for something new for us to pay for. Enough is never enough. Lines have to be drawn somewhere.
That said, I have a friend from Seattle and we were discussing this tax over drinks a couple of weeks ago. He will be paying more with this new tax than most wealthy people earn in a year. He didn't seem to mind it though and I didn't expect he would. He is a liberal, hippy, surfer guy. I like him in spite of it.
nononsenseguy has just as much a right to speak and share his opinions as you do. Believe it or not if you shut your mouth and open your mind, you could learn a lot from someone like him. So stuff it with that "if you don't like it you can leave" stupidity. You can disagree with someone without being all like "if you don't like it you can leave." There's room for all of us in America.
Oh, the irony!
You lecture others on the "right to speak and share opinions". Then you immediately tell others to "shut up"!
You're free to travel to Somalia, too, if you think taxation is tyranny. The desert wastelands are waiting!
That said, I have a friend from Seattle and we were discussing this tax over drinks a couple of weeks ago. He will be paying more with this new tax than most wealthy people earn in a year. He didn't seem to mind it though and I didn't expect he would. He is a liberal, hippy, surfer guy. I like him in spite of it.
Then your "liberal surfer" friend must make at least $25 million a year, because it's a 2% tax. If he's paying 500k in taxes then adjusted gross income must be minimum $25 million or so.
What exactly does he do for a living? That's far more than most billionaires make in annual salary. That's more than Jeff Bezos, richest man on earth, earns in salary. More than Jamie Dimon, CEO of Chase, the largest bank on the planet.
Who, outside of a few sports stars, entertainers and hedge fund titans, makes $25 million+ in adjusted gross income in a year? That's insane.
Let's be realistic though, where are those wealthy Seattleans going to move in response? SF? NYC? Boston? Seattle is still a much better deal, so I don't see Washington state losing much in this scenario. Will they move out of Seattle proper? Maybe, but who does that matter to.... Seattle still has enough wealthy people lined up to buy those homes. The burbs want to attract more people to buy high-cost homes. Check, check, WA still winning.
And we're even assuming it's actually going to change some behaviors. You think a person who chose to pay the high cost of living in Seattle (relative to the burbs), presumably because they like city life or don't want to commute to work in the city, are going to throw it all away to save a few grand? That's not how rich people think.
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