California income taxes
11-18-2019, 07:35 AM
#11
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Originally Posted by DarkSideMoon
California, if it was its own country, would have the 6th largest GDP in the world. I think it’ll be ok.
NY and NJ on the other hand...
11-18-2019, 07:36 AM
#12
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Lot's of good information. Thank you.
11-18-2019, 07:39 AM
#13
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Originally Posted by serce
I am just wondering if anyone here has experience with having two residences, one in California and one in no income tax state. I have a house in Florida but for work purposes I am considering getting a condo in the Los Angeles area. LAX would be my domicile. To my understanding, as long as I maintain my residency in Florida I am not obligated to pay the ridiculous California income tax?
It might just be a lot easier to simply rent in CA. If you plan on being in CA long term, come up with a different plan.
As my mom used to say, "do you think I was born yesterday?"...you are not the first guy to have this thought.
11-18-2019, 08:56 AM
#14
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Originally Posted by Name User
CA will look at the price of your home in CA vs FL, the location of personal effects, dependents, and pets, visits to the doctor and dentist, and numerous other things outside of paperwork items like drivers license and voter registration in an audit.
It might just be a lot easier to simply rent in CA. If you plan on being in CA long term, come up with a different plan.
As my mom used to say, "do you think I was born yesterday?"...you are not the first guy to have this thought.
It might just be a lot easier to simply rent in CA. If you plan on being in CA long term, come up with a different plan.
As my mom used to say, "do you think I was born yesterday?"...you are not the first guy to have this thought.
11-18-2019, 09:31 AM
#15
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Posts: 791
Just lease a place. You can thank me later.
Signed,
A Taxifornia Tax Payer.
Signed,
A Taxifornia Tax Payer.
11-18-2019, 09:49 AM
#16
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Posts: 6,716
Originally Posted by Bahamasflyer
Without straying into politics.....I can’t wait till CA, NY and other high tax states implode in on themselves with these crazy antics when there is a mass exodus to lower tax states.
I’d give it 10 years, maybe 20 at the most.
Then who they gonna try and steal from??
I’d give it 10 years, maybe 20 at the most.
Then who they gonna try and steal from??
11-18-2019, 10:51 AM
#17
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Originally Posted by Bahamasflyer
Without straying into politics.....I can’t wait till CA, NY and other high tax states implode in on themselves with these crazy antics when there is a mass exodus to lower tax states.
I’d give it 10 years, maybe 20 at the most.
Then who they gonna try and steal from??
I’d give it 10 years, maybe 20 at the most.
Then who they gonna try and steal from??
Last edited by UAL T38 Phlyer; 11-18-2019 at 11:25 AM.
11-18-2019, 11:10 AM
#18
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What's wrong with a little bit of redistribution hmm? Same principle your state espouses
11-18-2019, 12:27 PM
#19
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Originally Posted by Jdub2
What's wrong with a little bit of redistribution hmm? Same principle your state espouses
11-18-2019, 12:35 PM
#20
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Originally Posted by Jdub2
What's wrong with a little bit of redistribution hmm? Same principle your state espouses
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