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Old 10-20-2018, 07:44 PM
 
5,888 posts, read 3,226,677 times
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Nobody is saying its the Third World (well, there are parts of LA where you wouldn't know it from Tijuana)...its developed, but it has the politics and income inequality of feudal Europe.
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Old 10-20-2018, 07:55 PM
AFP
 
7,412 posts, read 6,900,557 times
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Originally Posted by vkhmini View Post
Except for all those Californians that are flocking to Montana. BTW, Montanans wish they'd stayed in California.
The one's flocking out of California are the one's making about 40 G's a year or less they can't afford to buy a house.
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Old 10-20-2018, 08:08 PM
 
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Originally Posted by AFP View Post
The one's flocking out of California are the one's making about 40 G's a year or less they can't afford to buy a house.
Some perhaps but also lots of people making mid six figures leave too, all the time. I know several that have all gone up to Idaho just this year alone!

They paid cash for their house that is twice as big and twice as nice but half the price. LOL.
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Old 10-20-2018, 08:10 PM
 
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Originally Posted by travis t View Post
I'm wondering what will happen in CA now that state taxes can no longer be fully deducted from federal income tax (due to the Trump 2017 tax cut bill).

I'm guessing there will be massive pressure from both Hollywood and Silicon valley to dial back state taxes.
Actually everyone will just get squeezed until this bubble pops like a big liberal zit. Taxes will never be lowered here..in fact they will go up, a LOT...probably 20% in the next couple years, but 100 percent in the next ten years. The gas tax repeal is failing as we speak, because the AG and SOS managed to write a totally misleading description of it on the ballot (Which they already had to retract, not that it will help people vote properly LOL).

That's how unsustainable it is.

CA is done. Stick a fork in it.
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Old 10-20-2018, 08:24 PM
AFP
 
7,412 posts, read 6,900,557 times
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Originally Posted by phantompilot View Post
Actually everyone will just get squeezed until this bubble pops like a big liberal zit. Taxes will never be lowered here..in fact they will go up, a LOT...probably 20% in the next couple years, but 100 percent in the next ten years. The gas tax repeal is failing as we speak, because the AG and SOS managed to write a totally misleading description of it on the ballot (Which they already had to retract, not that it will help people vote properly LOL).

That's how unsustainable it is.

CA is done. Stick a fork in it.

You should probably get out while you can then and find a state the suits you better there are plenty of us that are making it and will do fine.

The whiners are going to whine regardless because that's what they like to do.
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Old 10-20-2018, 08:26 PM
 
5,888 posts, read 3,226,677 times
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Originally Posted by AFP View Post
You should probably get out while you can then and find a state the suits you better.
I've already made changes to reduce my financial exposure to this train wreck, so I will be fine.

But thanks for your concern!
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Old 10-20-2018, 08:33 PM
 
10,513 posts, read 5,167,683 times
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Originally Posted by phantompilot View Post
CA is done. Stick a fork in it.
Ha ha ha... right wingers have been predicting California's death for the last 20 years!

Remember when they said California was the next Greece? Wrong.

Remember when Calif aggressively raised the minimum wage and righties said unemployment was going to skyrocket and businesses close? Wrong. Unemployment went down and GDP went up.

LOL, righties have been dead wrong about California's excellent economy year after year after year.
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Old 10-20-2018, 08:40 PM
 
Location: 89434
6,658 posts, read 4,748,387 times
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Originally Posted by Elliott_CA View Post
Ha ha ha... right wingers have been predicting California's death for the last 20 years!

Remember when they said California was the next Greece? Wrong.

Remember when Calif aggressively raised the minimum wage and righties said unemployment was going to skyrocket and businesses close? Wrong. Unemployment went down and GDP went up.

LOL, righties have been dead wrong about California's excellent economy year after year after year.
So many people flee California and head to other states because of taxes, cost of living, and corrupt liberal politicians.
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Old 10-20-2018, 08:42 PM
 
Location: 89434
6,658 posts, read 4,748,387 times
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Originally Posted by Clarallel View Post
Medieval? Do they joust?

I wonder if one real reason it's a "failed" state might be because long ago, California voters decided that they didn't want to pay higher taxes.

That's what happens if it's more important to you to hoard your money, versus paying for a functioning society.
Some people need to put a roof over their head and food on the table while you want to take their money and give it to people who don't want to work.
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