/biz/ - Business & Finance

[Anonymous No.53591506]

if you live in commiefornia, your journey to making it was over before it even started

[Anonymous No.53591517]

>>53591506
Nobody here has a net worth of of $30m lmao

[Anonymous No.53591535]

Lmao good luck enforcing that

[Anonymous No.53591538]

>>53591506
>oh no my hecking poor millionaires with a net worth over 30 million
Kill all republicans

[Anonymous No.53591554]

>>53591506
Good luck getting this enforced OOS. If it's not a facial dormant commerce clause violation, no way it passes Pike balancing (though CA will argue that wealth != commerce).

[Anonymous No.53591557]

>>53591506
those diversity nigger tranny activities won't fund by themselves

[Anonymous No.53591582]

>>53591506
commie-fornia has truly lost it, so fucking glad i got out of that shit hole 7 years ago.

[Anonymous No.53591587]

>>53591506
>You owe us money just cause we said so

[Anonymous No.53591630]

>>53591506
>continue to pay up to 10 years after you left
This has got to be a poorly written American child support AI joke.
Jesus Christ...

[Anonymous No.53591685]

>>53591506
> net worth over $30m
if I'm reaching that net worth, California will lose more money dealing with my lawyers than whatever they can get from me.

[Anonymous No.53591704]

>>53591538
I hear you but its still bullshit. Why the fuck should the government get that money? They just use it to fund them their international terror campaign or give handouts to anyone who isnt a white man.

[Anonymous No.53591738]

>>53591685
>>53591554
Yeah the first person this hits should have an easy time litigating it. It's obviously unconstitutional and a bid for the California legislature to say they're doing something to try and stop their population outflows (instead of lowering taxes, fighting crime, or generally actually having a functional government

[Anonymous No.53591793]

>>53591538
>muh republicans
>muh democrats
NPCs aren't human

[Anonymous No.53591823]

>this thread

[Anonymous No.53591873]

>nooooooo rich people shouldn't pay taxes

[Anonymous No.53591875]

>>53591823
How long before this tax gets applied to everyone in a bid to keep California from hemorrhaging even more of its population? This isn't about generating revenue, this is about the California government wanting to take the easy way out by forcing people to stay in the state.

[Anonymous No.53591884]

>>53591823
No.

[Anonymous No.53591924]

>>53591875
>The tax that will apply to people making 30 million a year will soon apply to people making 35k a year.

[Anonymous No.53591951]

>>53591924
>I am a huge retard know nothing about history
you are either very young or very retarded

[Anonymous No.53591965]

>>53591924
It's a test law--if they can get courts to blink on this version, they'll have the precedent they need to expand it to everyone.

Or, much more likely than any of that, they expect courts to strike it down and then get to whine about conservative control over the judiciary when they're the ones trying to violate longstanding constitutional law.

[Anonymous No.53591986]

>>53591538

Fuck you. Leftism always degenerates into building walls to keep people IN

[Anonymous No.53591992]

>>53591538
Always so easy to find the people who have never had any amount of real money in their pocket. Earning it or winning it or stealing for it, once its yours, things like this irritates you because its a ceiling you may experience at some point in your journey to acquiring wealth. Taxes are bad. Point blank period. Stupid taxes are even worse, this is a stupid tax. Stay poor retard

[Anonymous No.53592017]

>net worth

Literally just take out a zero interest loan with a family member for a trillion dollars. Write it on a napkin. Your net worth is always less than zero now.

[Anonymous No.53592029]

>>53591965
Basically this. It's not going to go anywhere and it's going to be struck down.

[Anonymous No.53592031]

You know slippery slope
If you consent the millionaire get wealth tax, the common people will also get it soon. P. S : the 1% will always evade tax.

[Anonymous No.53592045]

>>53591924

Yes retard that’s how it works and has for the last 100+ years. The income tax itself was once for only the mega wealthy

[Anonymous No.53592046]

>>53591506
Yeah this is designed to fail. Wealth taxes always fail. They know it's dumb, they don't care, this is meat for the base.

[Anonymous No.53592059]

>>53592017
Tax law is like a smart contract with gaping backdoors. The only people paying taxes are middle class schmucks, once you start making actual money there are a million 100% legal ways to get around paying taxes.

[420 No.53592109]

>>53591506
easy, just own a POS property somewhere like the salton sea and put that down as your primary residence in minecraft

[Anonymous No.53592152]

Absolutely ridiculous. Just creates incentives not to start businesses/acquire wealth in that shithole.

Truely braindead

[Anonymous No.53592177]

>>53591823
> individual's net worth
> company
another tax the rich (middle class) faggot

[Anonymous No.53592191]

>>53592152
>this post

[Anonymous No.53592200]

>>53591924
Literally how do you think ANY oppressive tax/ law started. There are a bajillion examples. Whether that's inflation, debasing currency, taking away rights, violating ammendments. It always starts incrementally. For fuck's sake literally the holocaust (if you believe in it) started with the smallest scale restrictions against jewish businesses to see if anyone would give a fuck

[Anonymous No.53592207]

>>53592059
At least that’s what some drunk guy in a bar told you once

[Anonymous No.53592237]

>>53591506
>Commiefornia cope tax

[Anonymous No.53592255]

>>53591538
They hated him because he told the truth

[Anonymous No.53592289]

>Lived through Obabonomics
>Living through Bidenomics

[Anonymous No.53592360]

>>53591951
>>53591965
>>53592045
>>53592200
Post some examples then. Honestly willing to get swayed here, but I need people to actually post concrete examples of a tax's cutoff being lowered substantially like this instead of just going hurr durr retard like always

[Anonymous No.53592413]

>>53592360
Income tax is the obvious historical example, but so too with capital gains, estate taxes, etc. These are modern inventions that had to be sold as "we're only going to hit the rich" before they were expanded to effect the middle class

[Anonymous No.53592439]

Kek that’s nothing. Here Japan the exit tax for leaving Japan is 20% of everything over 600k, even if it is unrealised gains. So investment, property … everything.

Dont have the cash on hand to pay? Better sell up.

[Anonymous No.53592501]

this cant be real. who voted for this?

[Anonymous No.53592505]

>>53591538
All of this people are Democrat, only lower upper income and upper middle class people vote Republican. The same billionaires who made sure Biden got in are currently flooding the country and replacing you with third worlders.

[Anonymous No.53592530]

>>53592505
Then you should be happy to tax them.
But even then your "muh billionairino" mindset buttfucks you.

[Anonymous No.53592560]

>>53592530
In general it's a bad and dumb idea. Why should a jurisdiction that's already taxed you get to tax you again for leaving for somewhere else in the same country? Fucking insipid.

[Anonymous No.53592611]

>>53592560
The idea is that the state provided the infrastructure and so on, to make the business possible.
Probably to keep them from just moving to Delaware once they reach a certain point.
Sounds not unreasonable.

[Anonymous No.53592704]

>dont pay it
>never go back
Why wouldn't this work?

[Anonymous No.53592730]

>>53592611
And all of that was taxed earlier through corporate income taxes, etc.

Also the move to delaware isn't for taxes so much as it's for corporate governance. This is specifically focused on individuals leaving the state--which is fucking tyrannical as fuck. Exit taxes are unconstitutional since they violate both the dormant commerce clause and the right to freely travel. Allowing this to exist whittles those away to nothing and lets states like California prevent anyone from leaving by saddling them with an absurd tax burden.

[Anonymous No.53592806]

>>53592704
It would work just fine. This is a delusional cope law that quite simply cannot be enforced.

[Anonymous No.53592838]

>>53592704
Hypothetically the California AG's office would get a default judgement filed against you in California court, then go to your new local court to try and enforce it. Same as how they would enforce other tax violations by people/entities OOS.

[Anonymous No.53593986]

>>53592806
Nice
>>53592838
But would they really do that with some 40million people under their belt? They already allow petty larceny. The money involved to chase after people outside of their jurisdiction would be insane.

[Anonymous No.53594009]

>>53591506
All the pension leeches got to leave for free. Everyone still here is stuck paying those bills while those assholes sully the based tax free states.

[Anonymous No.53594039]

>>53591506
>when laws are made by unelected

[Anonymous No.53594054]

>>53592200
I can't help it bruh Chel a semen demon

[Anonymous No.53594070]

>>53593986
The California government has plenty in its budget for taxing people into not leaving the state lmfao

[Anonymous No.53594075]

>>53591506
>Yfw every businessman worth $5-29m immediately leaves

[Anonymous No.53594113]

>>53594070
>your taxes go to tax enforcement
Yeah I don't care how now nice Yosemite and Big Sur are.

[Anonymous No.53594119]

>>53591538
>>53592530
>>53592255
Funny how people leave your shitty policies :) :)
Fuck off we're full

[Anonymous No.53594139]

>>53591873
They shouldn’t because the taxes are just used for the agendas of rich elite Jews anyways. Why do you think literally all the billionaires and mega corps promote socialism? They are all just different ends of the hydra that is the Jewish international mafia.

[Anonymous No.53594278]

>>53594113
The trick is just don't trip residency. You can still own property there, but:

>don't spend more than 182 days in CA a year
>keep your primary care doctor and primary bank OOS (and in the state you're claiming for actual residency)
>Make sure you have property in the state you're claiming for actual residency
>Keep all vehicles registered outside of California

Basically, your goal should be to make a California state judge credibly think you only vacation in California, you don't live there normally.

[Anonymous No.53594366]

>>53592207
>buy ethereum
>create rugpull token on account not linked to you
>buy rugpull token on main account
>rugpull yourself on 2nd account
>sorry, I got rugpulled so I have nothing to tax xd
problem, officer?

[Anonymous No.53594450]

Another advantage to being an illegal alien. Just be an illegal alien in another state whenever you want. What’s an exit tax?

[Anonymous No.53594531]

>>53594009
I know several state, county and city workers that bailed out of California as soon they retired. Arizona, Louisiana, Idaho, Florida, Missouri, etc. Anywhere but here, and we have much nicer weather and scenery than those states. They take their fat California state pensions to cheaper states for lower taxes and a higher standard of living. Retired government workers in this state bail out faster than anyone.

[Anonymous No.53594652]

>>53591924
the first tax in Britain was a millionaires tax
now i pay tax on my £400 weekly pleb wage
the millionaires tax in austrailia was to tax "luxury" goods, ofc the plebs thought this meant ferraris and yachts etc, in the legislation however, it put a tax onto ALL electronics
at least read about history sometime, they always roll it down onto the sheep

[Anonymous No.53595019]

>>53591535
I left California and 2 years later they claimed I didn't pay taxes on something and sucked the funds + fees from my bank account.

[Anonymous No.53595118]

>>53591538
It's even worse, it's ANNUALLY. 30 million dollars per year. God forbid they get taxed 0.4%, kill them.

[Anonymous No.53595883]

>>53591538
>>53591823
>>53591873
>>53591924
>>53592611
Be quiet commie vatnicks

[Anonymous No.53595964]

Literally giving money to niggers, on a state where slavery was never legal kek we're watching the last days of a crumbling empire.

[Anonymous No.53596118]

>>53594366
>problem, officer?
They just won't accept that explanation. Same with business invoices you have paid, issued by a Panama corporation.

[Anonymous No.53596491]

>>53592046
Wealth tax as existed in switzerland for a long time

[Anonymous No.53596544]

Simply liquidate everything and convert to monero, theres no exit tax if theres "nothing" to tax, even if they try to claim tax they cant do anything and theres nothing to seize lol.

[Anonymous No.53597536]

>>53591506
I hate communists they all shall and will die in the worst possible suffering way

[Anonymous No.53597769]

>>53591535
It's a joke to make plebs think that the system is fair. I guarantee you nobody has paid that fucking tax. Do you know how easy it is to loophole your way around that shit? kek

[Anonymous No.53598158]

>>53591587
>>You owe us money just cause we said so
That's literally exactly what taxation is.

[Anonymous No.53598195]

Cali refugees are kind of like the new Cubans

[Anonymous No.53598249]

>>53591873
Kys, this is an immoral tax

[Anonymous No.53598278]

>>53596491
From 1941 to 1958, the Swiss Confederation levied an income tax at rates of up to 6.5% with supplementary wealth tax of up to 0.35%. The federal wealth tax was abolished in 1959 for individuals

[Anonymous No.53598346]

>>53591793
I think we would be friends irl.

[Anonymous No.53598403]

>>53591538
>noooo you can't prevent brain drain
>you have to let all of the established wealth leave
>otherwise how will our heckin diverse communities thrive?

[Anonymous No.53598412]

>>53591506
>be me
>born in commiefornia
>finally make it
>wanna move to comfy life
>oh shit this dumb gay ass law in the OP for tax
>simply just say "im traveling" and "visiting"
>goto my state of choice
>open bank account associated with said state
>transfer all my money to that account
>take all my shit with me
>buy my new house
>make address
>can't tax me for shit in californa because my money is not there

gg ez fuck you californa