Comments on: Has California been saved?

By: Brown delta trout

Brown delta trout — Wed, 10 Apr 2013 20:28:48 +0000

BofA your right, retiring doctors and other investors are still planning on owning a home in California, but it will not be the principle residence for many. The heat is on the working middle class. Indebted, regulated and taxed servitude.

By: BobA

BobA — Wed, 10 Apr 2013 15:30:04 +0000

Ray Darrah:

Having paid the AMT tax for 10 years, I finally beat it by retiring in 2008. I now pay the lower dividend, interest income and capital gains tax. I’m a California native and they’re not forcing me out -yet.

By the way: When Warren Buffett said he paid a lower tax than his secretary, what he did say was that his income is not derived from an payroll check. Thus he is not subject to payroll taxes.

When you’re a billionaire, what do you need a paycheck for when just the earned interest on your money is in the millions of dollars per year?

A mere one percent compounded interest rate on 1 billion is over 10 million dollars a year. Buffet is worth $46 billion.

By: Ray Darrah

Ray Darrah — Wed, 10 Apr 2013 14:17:57 +0000

High income earners are leaving the State and moving to Vegas and other areas of the SouthWest……..

The taxes forced people to leave. Between federal and state taxes, those earning over 250,000 are taxed at over 50% on all earnings over 250,000………..

Without high earners spending money, what’s left but those taking from the government to spend on others taking from the government……

Good luck with that.

By: david kerr

david kerr — Wed, 10 Apr 2013 13:38:22 +0000

California will get a tax windfall from capital gains taxes paid on April 15. The media will claim tax receipts went up because of prop 30. Only later will the State controller start his monthly excuses for why tax receipts came in much less than anticipated, especially sales taxes and corporate taxes. The state controller’s report and the latest on the budget deficit come out close to the tenth of every month.

By: Queeg

Queeg — Wed, 10 Apr 2013 02:52:18 +0000

The Carp has no understanding about multiple personality diagnosis…….only Teddy understands all on CWD!

By: fish

fish — Tue, 09 Apr 2013 18:54:46 +0000

Really Ulysses how do you guys fit all those personalities in just the one skull?

Pack and Ship U…..pack and ship!

By: Ulysses Uhaul

Ulysses Uhaul — Tue, 09 Apr 2013 18:48:21 +0000

Queeg is a touchy person….does not repond to positive reinforcement….he is a working fiend out in the rental yard, but he is reall leery of CWD types chiseling us on their moves to southern redneck tax havens.

By: jimmydeeoc

jimmydeeoc — Tue, 09 Apr 2013 15:43:15 +0000

Queeg — pull those steel balls out of your pocket….it will calm your nerves.

By: Brown delta trout

Brown delta trout — Tue, 09 Apr 2013 04:00:02 +0000

Queeg wants more people to join him in the concentration camp.

By: Queeg

Queeg — Tue, 09 Apr 2013 03:31:53 +0000

Too much work! Ulysses has me going seven days a week this Spring moving the last remnants of taxable targets in California. Think I got bout two more busy years before the switch to tearing down inner city delaoidated homes in SB, Stockton and Adelanto.

Don’t you just love capitalism?