Comments on: High state income taxes once again haunt a California NBA team

By: Robert T

Robert T — Tue, 22 Oct 2013 20:59:49 +0000

Public employee pensions are worth millions over their lifetime (ignore the smaller ones). They have to be funded somehow so why not the unsuspecting taxpayer?

Here is some simple math: $50,000 annual pension paid over 30 years = $1,500,000 benefit!!!Middle Class? I don’t think so. Taxpayers have been bamboozled.

By: Ulysses Uhaul

Ulysses Uhaul — Sat, 19 Oct 2013 03:42:29 +0000

Stayed at a B&B in Vermont. Guest liberal attorney told me I cannot retire. It is my role in life to pay for others.

I told her that did it. I’m retiring and getting a pay raise….free time….less tax….free to haul out of here.

Decided to keep working. No one else would hire Queeg…..the poor sot!

By: Bob

Bob — Sat, 19 Oct 2013 01:03:26 +0000

In reply to Robert Levin. Right, Robert. Who better to spend someone else's money than Johnny Perez and Darrel Steinburg?

By: Robert Levin

Robert Levin — Fri, 18 Oct 2013 19:36:56 +0000

This will have a negligible effect on California. No matter how many millionaires move out of California we produce more new millionaires every year. Taxes could get higher on the wealthy and they still wouldn’t feel it. Most of them stay here because it is worth it.

By: Dyspeptic

Dyspeptic — Fri, 18 Oct 2013 16:16:17 +0000

I bet the NBA players featured above worship Obama and the Prog-Nazi elites like they were demigods. But of course, when it comes to their own filthy lucre they abandon principle and do whatever it takes to avoid Obama style taxes on the 1%.

I have no sympathy for these pampered and obscenely over compensated athletes (many of whom are dumb as dirt and have the instincts of a recidivist criminal) or the taxpayer subsidized sports franchises that lavish truckloads of money on them. A pox on all of them and their nitwit fans.

There are many seriously negative economic consequences resulting from Kalifornia’s punitive tax code but this issue isn’t really one of them.