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Author Topic: California fires the first round at the 1-percenters  (Read 7335 times)

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Offline ScubaGuy

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California fires the first round at the 1-percenters
« on: November 07, 2012, 12:53:08 PM »

My guess is that Arizona, Texas and the moving companies are going to like this idea. :lmao:


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Star Member tjwash (7,872 posts)

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California fires the first round at the 1-percenters
Looks like prop 30 is going to pass! That raises taxes on the highest incomes in the state.

Let the wailing and gnashing of teeth begin
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Offline Mr Mannn

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Re: California fires the first round at the 1-percenters
« Reply #1 on: November 07, 2012, 12:56:12 PM »
California will gut itself like a fish.
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Offline jukin

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Re: California fires the first round at the 1-percenters
« Reply #2 on: November 07, 2012, 01:03:52 PM »
I live in the moonbattiest city in kalifornia. Not a single one of my votes went for a win. Not. A. Single. One.

The USA is only going to be a shade less blue than kalifornia.
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Offline wasp69

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Re: California fires the first round at the 1-percenters
« Reply #3 on: November 07, 2012, 01:06:35 PM »
Quote
Star Member tjwash (7,872 posts)

California fires the first round at the 1-percenters
Looks like prop 30 is going to pass! That raises taxes on the highest incomes in the state.

Let the wailing and gnashing of teeth begin

Remember this day and this post, DUmbass, when the news reports come out that much less than forecast revenue came into the state coffers.  Remember that you cheered for the producers to be run out on a rail.

« Last Edit: November 07, 2012, 01:17:34 PM by wasp69 »
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Offline txradioguy

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Re: California fires the first round at the 1-percenters
« Reply #4 on: November 07, 2012, 01:08:34 PM »
Quote from: ScubaGuy on November 07, 2012, 12:53:08 PM
My guess is that Arizona, Texas and the moving companies are going to like this idea. :lmao:


DUmmies

Those 1%'ers the DUmmies are all giddy about being taxed more include their beloved Hollyweird Libtard types.

Those moving vans need to bring those amoral assholes anywhere BUT my beloved Texas.  :hammer:
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Offline Zeus

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Re: California fires the first round at the 1-percenters
« Reply #5 on: November 07, 2012, 01:12:43 PM »
Quote from: jukin on November 07, 2012, 01:03:52 PM
I live in the moonbattiest city in kalifornia. Not a single one of my votes went for a win. Not. A. Single. One.

The USA is only going to be a shade less blue than kalifornia.

Didn't the Kalicommies also agree to a sales tax increase?
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Offline Celtic Rose

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Re: California fires the first round at the 1-percenters
« Reply #6 on: November 07, 2012, 01:13:29 PM »
I looked through my mom's sample ballot while I was out in California a few weeks ago, and then I sat down and did some math.  I realized that between the state tax rate and the cost of living, financially I was better off working in Nebraska, even with the significant difference in pay.  That state is going to self destruct.  
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Offline Gina

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Re: California fires the first round at the 1-percenters
« Reply #7 on: November 07, 2012, 01:16:38 PM »
I REALLY think someone needs to find out the addresses of all that live in CA that are rich and liberal.  Then I want to see them tracked and noted when they move out of the state with their money.  Lets see how many do it.
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Offline Wineslob

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Re: California fires the first round at the 1-percenters
« Reply #8 on: November 07, 2012, 01:25:52 PM »
Quote from: Zeus on November 07, 2012, 01:12:43 PM
Didn't the Kalicommies also agree to a sales tax increase?


Ya, and I don't think any of the Libtards actually read the damn thing.


From Wiki:

Quote
Proposition 30, a Sales and Income Tax Increase Initiative, was on the November 6, 2012 ballot in California as an initiated constitutional amendment, where it was approved.[1]
Gov. Jerry Brown led the charge for Proposition 30, which was a merger of two previously competing initiatives; the "Millionaire's Tax" and Brown's First Tax Increase Proposal.[2]
Proposition 30:
Raises California’s sales tax to 7.5% from 7.25%, a 3.45% percentage increase over current law. (Under the Brown Tax Hike, the sales tax would have increased to 7.75%)[3][4]
Creates four high-income tax brackets for taxpayers with taxable incomes exceeding $250,000, $300,000, $500,000 and $1,000,000. This increased tax will be in effect for 7 years.[3][5][6]
Imposes a 10.3% tax rate on taxable income over $250,000 but less than $300,000--a percentage increase of 10.6% over current policy of 9.3%. The 10.3% income tax rate is currently only paid by taxpayers with over $1,000,000 in taxable income.[7].
Imposes an 11.3% tax rate on taxable income over $300,000 but less than $500,000--a percentage increase of 21.5% over current policy of 9.3%.
Imposes a 12.3% tax rate on taxable income over $500,000 up to $1,000,000--a percentage increase of 32.26% over current policy of 9.3%.
Imposes a 13.3% tax rate on taxable income over $1,000,000--a percentage increase of 29.13% over current "millionaires tax" policy of 10.3%.
If this proposition is passed in November, 2012, the income tax will apply retroactively to all income earned or received since the first of the year (1 January, 2012)



Stupid ****ers, since when is making 250K a year considered being a millionaire?   :hammer:
« Last Edit: November 07, 2012, 01:27:55 PM by Wineslob »
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Offline jukin

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Re: California fires the first round at the 1-percenters
« Reply #9 on: November 07, 2012, 01:29:10 PM »
Quote from: Zeus on November 07, 2012, 01:12:43 PM
Didn't the Kalicommies also agree to a sales tax increase?

Yep 7.25% to 7.5% overall increase about a 3.5% increase. However, the really scary part is now the donks have a super majority and can raise taxes anytime they want. That is what will be the final nail i the coffin for kali.
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Offline J P Sousa

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Re: California fires the first round at the 1-percenters
« Reply #10 on: November 07, 2012, 01:36:47 PM »

California........Killing the Golden Goose



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Offline Randy

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Re: California fires the first round at the 1-percenters
« Reply #11 on: November 07, 2012, 01:54:41 PM »
No no no Hollyweird will be happy happy overjoyed to pay their fair share. After all what's a few million more in taxes to those with all that movie money?
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Offline Kyle Ricky

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Re: California fires the first round at the 1-percenters
« Reply #12 on: November 07, 2012, 01:58:10 PM »
Prop 30 just means the people will leave the state in droves.
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Offline Maxiest

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Re: California fires the first round at the 1-percenters
« Reply #13 on: November 07, 2012, 02:02:32 PM »
So, if you make over $250,000...

10.3% State Income Tax
33% Federal Income Tax
4.2% SS

I think that equals 47.5%

Wow... Just wow....

What are the ****ers gonna do when nobody wants to work anymore because it isn't worth it?  Who is gonna foot the bill then?  They are so short sighted.
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Offline Zeus

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Re: California fires the first round at the 1-percenters
« Reply #14 on: November 07, 2012, 02:06:06 PM »
Quote from: jukin on November 07, 2012, 01:29:10 PM
Yep 7.25% to 7.5% overall increase about a 3.5% increase. However, the really scary part is now the donks have a super majority and can raise taxes anytime they want. That is what will be the final nail i the coffin for kali.


Well hell where I live in Texas we have a combined sales tax 8.25%  and income tax of 0%  ::)
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Offline mccainiac

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Re: California fires the first round at the 1-percenters
« Reply #15 on: November 07, 2012, 02:16:03 PM »
How do I get out of this state? Seriously I need to move to the east coast where I can get a good paying job and live in a NICE place (even if it is a blue state). But my "McMansion" in central CA is significantly underwater and I feel trapped in this giant ghetto.
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Offline Chris_

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Re: California fires the first round at the 1-percenters
« Reply #16 on: November 07, 2012, 02:16:18 PM »
Quote from: Maxiest on November 07, 2012, 02:02:32 PM
So, if you make over $250,000...
Don't forget the city and county taxes too. :whatever:
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Offline Celtic Rose

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Re: California fires the first round at the 1-percenters
« Reply #17 on: November 07, 2012, 02:24:48 PM »
Quote from: mccainiac on November 07, 2012, 02:16:03 PM
How do I get out of this state? Seriously I need to move to the east coast where I can get a good paying job and live in a NICE place (even if it is a blue state). But my "McMansion" in central CA is significantly underwater and I feel trapped in this giant ghetto.


Don't rule out the Midwest.  The jobs may not pay as much as on the coasts, but the cost of living is much less, and the homes are just a big and beautiful, just a lot cheaper.  What type of work do you do?
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Offline wasp69

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Re: California fires the first round at the 1-percenters
« Reply #18 on: November 07, 2012, 02:30:08 PM »
Quote from: Zeus on November 07, 2012, 02:06:06 PM

Well hell where I live in Texas we have a combined sales tax 8.25%  and income tax of 0%  ::)

An emphasis on commerce over confiscation...  What a concept!  (sarcasm aimed at the DUmmies, not you, Zeus)
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Offline jtyangel

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Re: California fires the first round at the 1-percenters
« Reply #19 on: November 07, 2012, 02:35:19 PM »
Quote from: wasp69 on November 07, 2012, 02:30:08 PM
An emphasis on commerce over confiscation...  What a concept!  (sarcasm aimed at the DUmmies, not you, Zeus)

Florida used to be that way too, but if their recent voting is any indication I'm sure their days of lower/no state taxes are going to be coming to a close before long.
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Offline Gina

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Re: California fires the first round at the 1-percenters
« Reply #20 on: November 07, 2012, 02:35:36 PM »
Quote from: mccainiac on November 07, 2012, 02:16:03 PM
How do I get out of this state? Seriously I need to move to the east coast where I can get a good paying job and live in a NICE place (even if it is a blue state). But my "McMansion" in central CA is significantly underwater and I feel trapped in this giant ghetto.


Well you could do what the assholes here do. Walk away from it and rent then get approved again in 3 years.
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Offline zeitgeist

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Re: California fires the first round at the 1-percenters
« Reply #21 on: November 07, 2012, 03:15:01 PM »
Quote from: txradioguy on November 07, 2012, 01:08:34 PM
Those 1%'ers the DUmmies are all giddy about being taxed more include their beloved Hollyweird Libtard types.

Those moving vans need to bring those amoral assholes anywhere BUT my beloved Texas.  :hammer:

Bingo.  Set up road blocks if you have to.  As Sparky will attest even the best of them revert once the come to the new promised land.  Here in sad Blue Hampshire the invasion is complete.  General Stark will be found hanging in the square now the Massholes have completely taken over.  Reagan had it right, Freedom is never more than onegeneration away from extinction. We didn't pass it to our children in the bloodstream
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Offline DumbAss Tanker

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Re: California fires the first round at the 1-percenters
« Reply #22 on: November 07, 2012, 03:16:07 PM »
A tax bracket between 250K and 300K, only 50K apart?   :rotf: 

There must be some of Brown's staffers, State execs, or legislators who fall right into that range in order to come up with sausage-making like that!

And 250K in the parts of Kalifornistan where you can actually get paid that much working for someone else is only about like 125K in most of flyover country.   
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Offline Delmar

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Re: California fires the first round at the 1-percenters
« Reply #23 on: November 07, 2012, 03:21:07 PM »
The DUmmies don't seem too worried about California collapsing--old Uncle Whiskers will be right there to bail them out.  Right?  Maybe, maybe not.
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Offline zeitgeist

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Re: California fires the first round at the 1-percenters
« Reply #24 on: November 07, 2012, 03:22:39 PM »
Quote from: Maxiest on November 07, 2012, 02:02:32 PM
So, if you make over $250,000...

10.3% State Income Tax
33% Federal Income Tax
4.2% SS

I think that equals 47.5%

Wow... Just wow....

What are the ****ers gonna do when nobody wants to work anymore because it isn't worth it?  Who is gonna foot the bill then?  They are so short sighted.

Not enough!!  Cher and friends need to be taxed at 99% or more.  I won't be happy until she and her ilk are all shopping at Goodwill.   :lmao: :lmao:
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