Taxation Consideration
What Kind Of Changes Can You Stand?
In California, recent proposals have increased the tax threshold of those who have attained millionaire status to 54%. Meanwhile, the top 1% of the state, according to the L.A. Times, pays about 46% of total state income tax annually.
Here’s the exact quote from that publication as published August 24, 2020: “Specifically, the top 1% — with 24% of the earnings — paid 46% of state income taxes in 2018, the last year for which there’s complete data. The bottom 90% paid only about 22%; the bottom 60%, 2.4%.”
Now all that taxation is before federal taxes are factored in. So what does this mean if you make money in California? Well, it means you’re going to sell your assets, pull out your money, and just as Elon Musk and Joe Rogan did, move. Austin, Texas, Phoenix, Arizona, and Las Vegas, Nevada are prime locations Californians are moving to now.
California, through political maneuvering, has essentially chased the people who pay the bills out of the state. They’re heading to the west, midwest, and southeast. What will this mean for the state? And what does it mean for the country as a whole? Well, it will likely either mean the current leadership implodes and conservative leaders move in, or most the west coast will secede from the union and start leaning on a non-American country to pay the bills; like
California: Over 10% Of The Country’s Population
Think about this: California’s population has been on the edge of 40,000,000 for over ten years. America’s population is between 323 and 390 million, depending on who you ask—illegals comprise millions of our present population, but can’t be accurately numbered owing to their illegal status. Now, approximately 400k people are going to leave that state.
1% of the state’s population is approximately 400k, provided the state’s total population is near that 40 million mark. Between 54% taxes and federal requirements, those successful people are going to move, and over 10% of the country is going to be “in the lurch”, as the saying goes.
The Californ-unists Are Coming
Already, DNC-run California is the country’s homeless capital. It’s likely the country’s crime capital, too; but that’s harder to quantify. Here’s what isn’t: as the state chases out its richest citizens through sheer greed, deception, and stupidity, they’ll move across America and bring their own dumb political ideas with them.
Make no mistake: the top 1% are primarily responsible for crime and high taxation in California. Remember, up until the eighties, California was a “conservative” state. As lefties, progressives, and literal communists (we’re looking at you, Chinese-owned nephew of Nancy Pelosi Gavin Newsom) gained prominence, they gutted their state.
Infrastructure is crumbling. Drive in Casper, Wyoming, and you’ll find that the roads there are better than those of Los Angeles, San Francisco, San Diego, Fresno, or most the big cities in California. Taxation doesn’t go to public programs or infrastructure, though it deigns to. Rather, it goes to the pockets of loyal “party” members, and they give lip service to public programs.
How Do You Think Leftists Vote?
Of course, these people hate Donald Trump. He wants to dial back federal taxes, and fix the mismanagement defining California. “Raking” forests to remove dead timber would definitely result in reduced wildfires annually. Deliberate water collection would end drought conditions in most the state. But those running it don’t want that. They want decline.
Similar to California, New York City is hemorrhaging people like a wound. What has happened in this country is that massive metropolitan centers have become controlled by leftists. As a result, they’ve gutted their premises, and forced the migration of upper and middle class earners. That migration is being stratified across the country.
Here’s what you should ask yourself: do you want the same kind of taxation and infrastructural degradation that is core to California, NYC, and other DNC-run metropolises? Most people don’t. Remember: high taxes don’t go to poor people, they go to the rich who instituted the programs as a means of siphoning cash to themselves.
These mismanaging self-involved individuals are those pushing for DNC “rule” of this country. It’s no wonder fires, homelessness, rioting, looting, crime, and taxation abound in California: look at its rulers. But if we don’t pay attention and vote right in this 2020 election, the same degradation will be exported across the country. So do your homework and vote right this year.
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