and he remains 0 for 14 ™ !

“They bought new cars every year, spent, enjoyed …”

You said they cannot retire b/c they bought new cars every year……Now you’re changing your tune. Fact is most people can not make ends meet as the MEDIAN salary in the state is $29K, about $20K AFTER taxes and FICA withholding. That does not allow a 401K or any other way to save, in fact at least 74% of $20K would go to housing alone, if you could even find an APARTMENT for $1K a month.

Like I said- good thing you had your gov workfare.

0 for 14 ™ !

I love how this trougher tries to claim that everyone who has lost a REAL job and cannot make ends meet is because they “bought new cars every year” and a million other baloney excuses…Teddy, with your HS ed skill set you could not buy a tree house without your gov workfare job. N
uff said.

In our case, it helps that our kids are grown, and my wife is happy to early “retire” from the work force. But, it will still take at least a year to get my business moved to a new state (new professional licenses, office space, getting clients comfortable with the change, shedding CA employees, hiring new employees, etc.). CA will get at least two years (2012 and 2013) and maybe half of 2014 out of us before we are gone.

IMO, it will be a few years before there is any noticeable impact on CA state tax collections as a result of Prop 30, although I agree with above posts regarding the more immediate impact with respect to those that do not move to, or establish themselves in, California in the first place.

I also agree that, while the .25% sales tax increase is nothing, I am going out of my way to avoid making any big purchases during my remaining CA time. Just my own tiny, insignificant way of saying FU back to Jerry Brown. A couple of new cars are sorely needed and easily affordable in my household, but we will wait and buy in our new state – which also has high sales tax rate, but is not tacking on an additional 13.3 percent income tax on the same earned-through-working dollars used to buy the cars.

No worries, Ted, we won’t let the CA state door slam against our asses on the way out of town.

— John Seiler