Report: New York and California Implements 50% Top Tax Rate on Wealthy

[UberEatsDriver]

Housing prices are rising up fast in areas that are within 30 miles of NYC already. Them NYC'ers are already leaving New York as can be seen in Northern Jersey.

NYC Suburbs Continue to Boom As Home Sales Soar



NYC's quality of living is going down and taxes are going up, so they're already jumping ship. Tackle on the increasing amount of EDP's(Emotionally Disturbed Persons) who are impacting quality of life, increasing onerous regulations and fees to do ANYTHING, and the rising crime rate - it's not a shocker they're leaving. Add on teleworking and offices realizing they don't have to pay for huge offices, and this isn't looking good for NYC.

This sounds like the majority of the country to be honest.

 

[UberEatsDriver]

Yupp exactly. This new Tax rate does nothing to the wealthy because they already have the ability to jump ship. The ones who suffer are the ones who can't just up and leave easily and have long roots in the area... Which are the Middle Class

So what’s your solution?

 

[UberEatsDriver]

Here's why Europe has mostly ditched wealth taxes over the last 25 years — even as Elizabeth Warren and Bernie Sanders seek them for the US

What the U.S. Can Learn From Wealth Taxes in the OECD
Democrats/liberals wont change this silly approach till they have to.
France did the same thing and repealed the wealth tax quickly when the rich began doing what everyone said they wouldn't do... move.



...what sucks is that the people at the bottom are the ones ultimately hurt by this progressive nonsense.

The double standard here is hilarious. When the topic is about healthcare y’all point out that we can’t compare America to tiny Europe.

now with the wealth tax all of a sudden America should be compared to Europe.


Jesus this is why I hate politics

 

[ultraflexed]

It should be 5million or more

As it stands a millionaire would be knocked down to 500k...

I can understand going from 5 mill to 2.5 but knocking a nicca out of millionaire status seems


its should be 5 million

 

[Mr swag]

Good

tell them to live in Idaho

 

[ultraflexed]

We get hit with a hard property tax though.

In cali I pay 8k in property tax's alone

 

[UberEatsDriver]

The same people who have an issue with this are the same people who cry about millionaire moving into their gentrified block. Lol.

the majority of Americans are not millionaires and billionaires so why do y’all go so hard for them?

 

[UberEatsDriver]

In cali I pay 8k in property tax's alone

west orange, New Jersey 20K+ yearly

 

[sfgiants]

Coli millionaires being upset at this

 

[ultraflexed]

wtf kinda logic is this?

He's actually right, go read a book breh

 

[Michael's Black Son]

If I was rich and talking about taking half my shyt I’m moving

exactly. Get a crib in the name of some shell company and just pull up to chill, shop and smash

 

[ultraflexed]

Coli millionaires being upset at this

You from the city breh

 

[sfgiants]

The same people who have an issue with this are the same people who cry about millionaire moving into their gentrified block. Lol.

the majority of Americans are not millionaires and billionaires so why do y’all go so hard for them?

having solidarity with people who would call the cops on you if they saw you on their block

People who got stimulus checks being mad that some rich fukks have to pay more taxes

 

[UberEatsDriver]

having solidarity with people who would call the cops on you if they saw you on their block

People who got stimulus checks being mad that some rich fukks have to pay more taxes

The coli posters saying “if I was rich” are even worse lol.

@staticshock if these millionaires move out these 2 states and come to Georgia and make Georgia a high cost of living state how would you feel? Lol

 

[DEAD7]

The double standard here is hilarious. When the topic is about healthcare y’all point out that we can’t compare America to tiny Europe.

now with the wealth tax all of a sudden America should be compared to Europe.


Jesus this is why I hate politics

Same situation the other way...
#politics