EddieDoyers
formerly eddiengambino
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Very true.
Probably because you're not Cuban
What does his death signify to you?
***Official Political Discussion Thread***
- Thread in 'General' Thread starter Started by rico x hood,
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What does his death signify to you?
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On election night, my buddy texted me and said "people say it costs too much to live here but I must ask. When was the last time that you saw a Confederate flag in person?"
We always hear about some current or future exodus from California and it never happens. The main disadvantage that California based firms have relative to a place like Texas is the fact that housing is so expensive and all things being equal, employee have to be paid more to offset that additional cost. But think about it, our only major thing that makes us less competitive is the fact that demand for housing is very high.
If anything, an independent California could actually have more favorable tax policy then it does now. The US Federal tax code is totally out of step with California realities. If we could dump the Federal tax code and replace it with "national" California tax code we could craft tax policy that would better suit us. Without having to subsidize Dixieland, we could pay our pensions, fund our schools and have more generous tax credits for long commuters, contract workers, renters and small farmers then our current Federal tax code provides.
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might wanna rethink that...
http://la.curbed.com/2016/3/4/11161626/california-housing-costs-migration
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Trey Bantz
formerly trey ohh five
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Very true.
Probably because you're not Cuban
What does his death signify to you?
I'm not Cuban either, my family is from Argentina.
Fidel Castro's ideology spread much further than Cuba though. He inspired leftist uprisings throughout all of Latin America. In my country, these leftist guerrilla groups were met by a military coup d'etat. What ensued was a dark period in Argentine history known as the Dirty War.
Without Fidel Castro and Che Guevara, there's no Contra War, no Hugo Chavez, no Dirty War, no Cristina Kirchner, etc.
Castro's Revolution not only rewrote the history books for Cuba, it altered the fate of an entire continent.
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people are leaving but there is just as many people entering. you read cheap articles and take it as truth. you have never visited california and have no clue what you are talking about.
llerraj
Banned
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Well said. This is a joyous occasion. As a friend said on Twitter, many can breathe easily now.
EddieDoyers
formerly eddiengambino
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LOL ninja didn't even understand why the prices are high. There's a housing shortage and high demand for housing.....it will create a market with high priced homes and apartments
And you know what's funny, our state is considered "one of the least" business friendly states yet we lead in job creation and technology. It's really a great state economics wise.
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EddieDoyers
formerly eddiengambino
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Sounds a lot like what Mao Zedong and his regime plus Stalin did in Asia.Very true.
Probably because you're not Cuban
What does his death signify to you?
I'm not Cuban either, my family is from Argentina.
Fidel Castro's ideology spread much further than Cuba though. He inspired leftist uprisings throughout all of Latin America. In my country, these leftist guerrilla groups were met by a military coup d'etat. What ensued was a dark period in Argentine history known as the Dirty War.
Without Fidel Castro and Che Guevara, there's no Contra War, no Hugo Chavez, no Dirty War, no Cristina Kirchner, etc.
Castro's Revolution not only rewrote the history books for Cuba, it altered the fate of an entire continent.
****** dictators
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What you originally said is not supported by this article.
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ninja just posts articles that he doesn't read. says a lot about a person who supports trump. his level of critically thinking way below the average.
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Every day I'm hearing this guy backtrack on something he'd say he do. Bruh not eem pres yet and he already switchin on folks.
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It would've been funny had his victory speech consisted of him going back on his word and all his promises
"I aint building no wall you idiots! Them Mexicans are masters at burrowing tunnels"
"I aint building no wall you idiots! Them Mexicans are masters at burrowing tunnels"
...So
formerly beyondmeasure
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my originally point is California can't sustain itself, da retort was "California gives more than it takes from da feds"
my retort to that was "da rich people footing da bill for California's über liberal tax & spend policies would crumble under its own weight, from it tax base migration patterns away from da state, to its impending Pension bomb that eats away more and more of its economy & blowing its Deficit...
ya got no answer for that.
there u go jock ryding again
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EddieDoyers
formerly eddiengambino
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Well we aren't the only one with pension problems
Anyway biggest problem is CalPERS bungling their investments and doing some creative accounting to hide some of the liabilities
Caliexit isn't going to happen anyway
Both parties (America and California) would lose something if we split apart
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if the low-income (unskilled) people leave your state because the average income (and taxes paid) are so high, how on earth is that hurting your economy?
Trumperica can send over their unwanted Mexican immigrants to fill that need in Cali.
Trumperica can send over their unwanted Mexican immigrants to fill that need in Cali.
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ninja, you do realize that the top % income earners are the tax base? the top 5% of earners pay over half the tax.
EddieDoyers
formerly eddiengambino
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To be fair, it's not always positive to lose a lot of laborers, they are essential in the farming and construction industry of California
However, it's funny when Republicans blame Latino immigrants for taking jobs, when they don't even want to do those jobs. And you know what's more hilarious, that most of these same dudes are living in states and cities where there are little to none Latino immigrants in general. Hilarious.
Not only that, but they think that they are coming over for welfare.....when most immigrants came because of job opportunities. They wouldn't come over if there was no chance at the American Dream. Trump should know that, his hotels gave the same job opportunities and the Latino immigrants took most of the jobs that Americans didn't want.
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Well we aren't the only one with pension problems
Anyway biggest problem is CalPERS bungling their investments and doing some creative accounting to hide some of the liabilities
Caliexit isn't going to happen anyway
Both parties (America and California) would lose something if we split apart
Illinois :x
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didn't i already address this?
da problem is that you think ONLY poor people would migrate away and da rich would gladly stick around and get Tax soaked to death.. evidence suggests just based on NJ's crumbling tax base to Florida da outflow of migration happens in low tiers & upper tiers.
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Ninja, correct where you think I am going wrong but it appears that you have three major economic critiques of a calexit.
The first is that the State's pensions are insolvent long term.
My counter is that calexit would result in an automatic and substantial increase in tax revenues. So yes, as part of the United States, the taxpayers of California cannot fund both our pension system AND the basic human services of Dixieland. Calexit would relieve us of one of those burdens so we could address the other.
The second argument is that high housing prices make California uncompetitive.
Obviously, my State is quite competitive but the high cost of housing is a big problem. A calexit would not be a panacea but there is hope that a California government could fashion its own version of HUD which would be superior to the US HUD. Federal housing policy is based too much on an assumption of an expanding housing stock. Federal housing policy also privileges home owners over renters. If California could craft its own housing policy, we would probably give renters a tax credit as large or larger than the mortgage interest deduction. We would also apply pressure to cities and counties who have unreasonably restricted the growth in the housing supply.
Your third argument is that calexit would cause tremendous capital flight.
I have to disagree and the reason is because interjurisdictional tax elasticity is far greater for inter State relocation than it is for international relocation. To put it another way, I am very fortunate and I have enough money that I have a high tax liability. Living in California means that I pay more in taxes than would someone of the same income in Texas. And yet, I haven't moved to Texas.
Right now, moving to Texas would be pretty easy. So if I am not moving to Texas now, why would I be more motivated to move, for tax purposes, if I had to go through a lengthy immigration process?
Even within California, wealthy people move into the higher tax counties and cities. There are few places in the world that are better to be wealthy then the that corridor that stretches along the Pacific Ocean from La Jolla to up Mendocino County.
Now I am a super lefty so I feel good about paying my high State taxes, I feel that they are worth every penny. However, there are plenty of center left people and libertarians who absolutely would like to pay lower taxes and yet they see living in Santa Barbara or Orange County or Santa Clara as more valuable than lower taxes.
An independent California could implement policies that would only make our State more desirable and thus even better at retaining high tax paying people.
The first is that the State's pensions are insolvent long term.
My counter is that calexit would result in an automatic and substantial increase in tax revenues. So yes, as part of the United States, the taxpayers of California cannot fund both our pension system AND the basic human services of Dixieland. Calexit would relieve us of one of those burdens so we could address the other.
The second argument is that high housing prices make California uncompetitive.
Obviously, my State is quite competitive but the high cost of housing is a big problem. A calexit would not be a panacea but there is hope that a California government could fashion its own version of HUD which would be superior to the US HUD. Federal housing policy is based too much on an assumption of an expanding housing stock. Federal housing policy also privileges home owners over renters. If California could craft its own housing policy, we would probably give renters a tax credit as large or larger than the mortgage interest deduction. We would also apply pressure to cities and counties who have unreasonably restricted the growth in the housing supply.
Your third argument is that calexit would cause tremendous capital flight.
I have to disagree and the reason is because interjurisdictional tax elasticity is far greater for inter State relocation than it is for international relocation. To put it another way, I am very fortunate and I have enough money that I have a high tax liability. Living in California means that I pay more in taxes than would someone of the same income in Texas. And yet, I haven't moved to Texas.
Right now, moving to Texas would be pretty easy. So if I am not moving to Texas now, why would I be more motivated to move, for tax purposes, if I had to go through a lengthy immigration process?
Even within California, wealthy people move into the higher tax counties and cities. There are few places in the world that are better to be wealthy then the that corridor that stretches along the Pacific Ocean from La Jolla to up Mendocino County.
Now I am a super lefty so I feel good about paying my high State taxes, I feel that they are worth every penny. However, there are plenty of center left people and libertarians who absolutely would like to pay lower taxes and yet they see living in Santa Barbara or Orange County or Santa Clara as more valuable than lower taxes.
An independent California could implement policies that would only make our State more desirable and thus even better at retaining high tax paying people.
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Excellent points Rex. Quality of life is a thing. There are many countries in the world with lower tax rates than the US (none if you know the right people) but you don't see the global elite relocate there because they'd probably have to live in unpleasant surroundings.
Amerika dont need us anyway, were too liberal n get in the way of progress, well just get of its way n let them do them...it was a fine kountry before we were a state, they kould manage
ill just put my feet up n chill with a modelo in hand, as i smoke my bud n eat some guacamole
ill just put my feet up n chill with a modelo in hand, as i smoke my bud n eat some guacamole
everysingletime
formerly amel223
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Honestly, the northeast and cali should be able to exit. Let middle America have Trump to themselves
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