FAFO

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And there are plenty of choices that people can make that very well may lead to the best financial result for themselves and their families that also would make them weasels for making that choice...
Sure. Charitable donations are a good example.

State and local governments can also make decisions that benefit the state/city financially. New York is apparently making bad financial decisions and their customers are leaving.
 
Making what you believe is the best legal, financial decision for you and your family is being a weasel.

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It's fantastic that they're so rich that they can move anywhere in the world to avoid paying taxes like the rest of us plebian US citizens. America sure is a great cuntry.

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It's fantastic that they're so rich that they can move anywhere in the world to avoid paying taxes like the rest of us plebian US citizens. America sure is a great cuntry.

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You don't have to be rich or even wealthy to move.

In every state, and at a federal level, the richest people are taxed the most. New York just went too far but, rather than make adjustments to make the state more appealing, they have resorted to begging.
 
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"According to the FDA, at least nine people have been sickened in three states"

Add ZenMode to that list...
 
You don't have to be rich or even wealthy to move.

In every state, and at a federal level, the richest people are taxed the most. New York just went too far but, rather than make adjustments to make the state more appealing, they have resorted to begging.
I'm with you on this one Zen. The uber rich are by far the most mobile segment of society. States compete with each other for those people to be tax-paying citizens. States need to pass tax laws that make the most economic sense for the state. At some point, the politically popular "tax the rich" concept can backfire for the state because the economic advantages of remaining in the state no longer outweigh the economic advantages of moving.

Many states actively recruit rich people with favorable tax policies (e.g., Florida, Nevada, Tennessee, Texas, etc.). And given the advances in technology, it is easier than ever to move and conduct business over state lines.

In general, extremely progressive taxation concepts need to come from the federal government, not state governments. It is far harder for the rich to escape the US taxation system, than California's or New York's.
 
I'm with you on this one Zen. The uber rich are by far the most mobile segment of society. States compete with each other for those people to be tax-paying citizens. States need to pass tax laws that make the most economic sense for the state. At some point, the politically popular "tax the rich" concept can backfire for the state because the economic advantages of remaining in the state no longer outweigh the economic advantages of moving.

Many states actively recruit rich people with favorable tax policies (e.g., Florida, Nevada, Tennessee, Texas, etc.). And given the advances in technology, it is easier than ever to move and conduct business over state lines.

In general, extremely progressive taxation concepts need to come from the federal government, not state governments. It is far harder for the rich to escape the US taxation system, than California's or New York's.
I agree and I also think that most wealthy people are happy to help those who need help, But her approach was not constructive. Her approach with the wealthy was basically "Well, fuck you if you want to leave New York. You aren't a true New Yorker If you don't voluntarily stay here and agree to all of the taxes I want to impose on you."
 
I agree and I also think that most wealthy people are happy to help those who need help, But her approach was not constructive. Her approach with the wealthy was basically "Well, fuck you if you want to leave New York. You aren't a true New Yorker If you don't voluntarily stay here and agree to all of the taxes I want to impose on you."
I have trouble seeing a moral argument to stay and pay taxes. Choosing where to live in the US involves a lot of factors -- for most, the pull of family and friends is the biggest -- but it is also an economic decision.

If my family's quality of life can be improved by moving out of California, there is no moral argument for me to stay. The rich are economic actors (that is how they or their family before them) got rich. There is no moral obligation to stay in a state and pay taxes.
 
The Donald doesn't care. He probably owns stock in JDs private equity firm that's going to buy the farms at a discount.

It's sad how we don't take care of people in this country that are very important in meeting our basic needs for life.
 
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