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Originally Posted by OOfff
(Post 3870620)
if you have gains as a california resident, it’s logical that those gains get taxed by california.
as for equal protection, there’s a long history of progressive taxes being acceptable As to capital gains, they didn't earn them in California as they realized the gain until left. The investments creating the gains were not exclusive to California--outside of state business locations,nsuplliers, investors, none of whom were in the state. It's a money grab. |
Originally Posted by galaxy flyer
(Post 3871048)
Progressive rates, yes; separately out certain income people is very different, I'd submit. By your example, we could say no one pays taxes except those worth $10 million and it's 50% for them. You call that equitable.
As to capital gains, they didn't earn them in California as they realized the gain until left. The investments creating the gains were not exclusive to California--outside of state business locations,nsuplliers, investors, none of whom were in the state. It's a money grab. |
Originally Posted by FangsF15
(Post 3868011)
Lol, I WISH. I made ~$466 at DL last year and had almost $160k withheld ($135k Federal, almost $25k State)
I HOPE I won't be short on April 15th. |
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