You most certainly have to pay more taxes now; if you are the baller you say you are, they will be retroactive too. :2 cents:

OWNED by Prop 30, homies.

Uh...because it's his fucking money, dude.

No, Just a major change in lifestyle. Only time will tell...

I guess it is time to put more focus on my adult stuff?

He probably voted Yes on 30

Stopped working for ynot mail?

Maybe, I don't know. I have an accountant for these things. For all I know she's robbing me blind. My taxes change every year, as does the amount I make. Sometimes I pay more and sometimes I pay less. While clearly I'm not as big as a baller as Minte, I'm guessing it's not going to make a difference in my lifestyle.

Do you vote? Do you pay any attention to the propositions on the ballot, as in, do you read beyond the title or just go on whatever "voter's guide" reaches your mailbox first.

You and EVERYONE in the State of California will begin paying higher taxes due to Prop 30 passing.

So they pay a little more in taxes...

Like he said, it's not going to change his life style.

Won't change the federal govt.'s lifestyle either. Politicians in D.C. will still get free health care, big fancy offices with dozens of staff people, eat for free, have big limousines to drive them around, and keep right on spending 10.6 BILLION DOLLARS PER DAY...EVERY DAY.

So yeah! Let's all give them some more money! And tonight your Congressman, Senator, and President will all be eating the finest meals in the nicest residences and drinking the finest wine and champagne while poor people starve and scream for rich people to "pay a little more" :1orglaugh

So in 50 words or less, what was Prop 30?

And jesus fucking christ, how many propositions do ya'll have on your ballot? Statewide I think we had 9 ... I voted no for everything except the two or three that helped veterans and seniors.

At what point do you stop throwing money at the problem instead of fixing the problem?

I'll do it in 2 words: "higher taxes"


http://ballotpedia.org/wiki/index.ph...ase_%282012%29

bringing taxes back to clinton rates is 50% ? I thought it was 4 percent more.

We had 11 propositions, they don't start at 1 for every election.

Prop 30 raised our sales tax again as well as the state income tax . . . retroactively for ballers.

Unless they are already independently wealthy the big limousines thing is far from the truth. Capitol Hill food isn't all that impressive unless you're dining in the Senate's member dining room. It's not usual to have roommates to keep costs down when Congress is in session. While there is a lot of money in Congress, it's not at all what you are imagining.

Here ya go...and I'm glad I don't live there (and they wonder why no businesses want to start in California):

Proposition 30

Raises California?s sales tax to 7.5% from 7.25%, a 3.45% percentage increase over current law. (Under the Brown Tax Hike, the sales tax would have increased to 7.75%)

Creates four high-income tax brackets for taxpayers with taxable incomes exceeding $250,000, $300,000, $500,000 and $1,000,000. This increased tax will be in effect for 7 years.

Imposes a 10.3% tax rate on taxable income over $250,000 but less than $300,000--a percentage increase of 10.6% over current policy of 9.3%. The 10.3% income tax rate is currently only paid by taxpayers with over $1,000,000 in taxable income.

Imposes an 11.3% tax rate on taxable income over $300,000 but less than $500,000--a percentage increase of 21.5% over current policy of 9.3%.

Imposes a 12.3% tax rate on taxable income over $500,000 up to $1,000,000--a percentage increase of 32.26% over current policy of 9.3%.

Imposes a 13.3% tax rate on taxable income over $1,000,000--a percentage increase of 29.13% over current "millionaires tax" policy of 10.3%.
I
ncome tax will apply retroactively to all income earned or received since the first of the year (1 January, 2012).

Based on California Franchise Tax Board data for 2009[8], the additional income tax is imposed on the top 3% of California taxpayers.

Dumbass, we are talking STATE TAXES not FEDERAL. Keep up.

I told my son today that things were fine a few weeks ago while Obama was President. Things will be ok, He asked "what about coal?" I said I don't know maybe electric will go up, but we don't make money from coal...lol. The kids in his class act like the world is over.

Ah, OK that makes sense. We re-start the count for each measure each election. I would go nuts researching 30 props/measures/whatever. 11 is manageable.

What is your sales tax rate up to?

What's the deal with retroactively for ballers? How far back does it go and how much more is it? How can laws even be retroactive? I didn't know that was possible.

edit: nm, didn't see Robbie's response. Reading now.

I dont call you names, is it too much to expect the same?

my "50" bot malfunctioned, sorry about that... :1orglaugh :winkwink:

Jesus. If the state is still broke in a few years they are doing something really, really, really wrong.

Maryland (which has tons of illegals they support btw... so that can't be the only reason) has I think a 6% income tax on average and a 6% sales tax and is doing just fine. Even property taxes are reasonable.

In Florida we have no state income tax, 6% sales tax, hefty tourism taxes and high property taxes... nothing obscene though even when you add it all up... and things are OK (not great, but OK)

Nice childhood you're giving your kid, scaring the shit out of him about coal. WTF

When you live in an area that makes most of their money from coal, it would make sense for kids to be concerned because their daddy is concerned about his job.

He got all that from school. I have been telling him that Obama is our President, Isn't a bad guy, and deserves respect.

See from what I read one of the big problems in CA and it caused this problem is CA doesnt have high property taxes. When Warren Buffet was helping with Arnolds race for GOV. He said something is wrong when he paid more than $14,000 in property taxes annually on his primary residence in Omaha, which was valued at $500,000, while paying less than $2,000 a year on his $2.4 million home in Laguna Beach, California.

I am glad I couldn't get any reception today on the plane with my phone. Did you guys look at the market today?

The business community is sending Obama a message. Don't ever forget the golden rule!

And yet it is still way higher than when a Republican President last left office.

Maybe it's a sign to Republicans in Congress to start working with the duly elected President on the fiscal cliff.

Their goal for four years was to make him a one term President and they failed. They should probably start listening to him more.

The President didn't change but a lot of seats in Congress did. Where is the real problem?

He paid less than $2k a year on a $2.4 million home? Wow. That is nuts. In most states you pay at least that much for something in the ghetto.

California property taxes are crazy low, but I don't think those numbers are correct. Maybe he was taking extra deductions or something like that, but I remember back around that time they were somewhere around 1.5%.

I'm sure one of the current California residents could clarify on that.

That is the STATE sales tax, not counting what the county adds to it; we will be about 10%, if not higher


I apologize but your inane ramblings really piss me off sometimes; more so when you don't have a clue.

jeez, stop listening to Tony. prop 13 locked in rates for people that owned their homes prior to 1978. I can assure you I pay more than $2k a year on my home and it is not worth anywhere close to $2.4 million


The law: Section 1. (a) The maximum amount of any ad valorem tax on real property shall not exceed one percent (1%) of the full cash value of such property. The one percent (1%) tax to be collected by the counties and apportioned according to law to the districts within the counties.

Ok,you are probably right. An anti business president gets reelected,assuring higher tax to business and Obamacare..the market drops 324 points the next day. It's a coincidence.

The Bush tax cuts were not perpetual for a reason...they were unsustainable. Letting a temporary tax cut expire is not raising taxes.

Health insurance should have never been tied to a job in the first place. Even with relatively minor ailments you were typically excluded from the insurance pool unless your employer took you under their wing. If you are willing to pay, access to health insurance should be a right not a benefit.

Is that all that Warren Buffet does is go around complaining that he doesn't pay enough taxes? Why doesn't he just pay more taxes voluntarily and shut the fuck up already. lol

Some of us are NOT billionaires. Some of us need every penny we make.

Minte, it is not unreasonable to believe that what you say and what you do may be two different things. For as much as you claim to do for employees if I compare you to someone of similar means and supposed views they are typically Obama supporters. You say all of these things that make you appear to be a dream employer but then you toe the party line...the line of a party that is opposite of your supposed belief system.

Don't try to convince me that there aren't many people out there who are more successful than you, employ more people than you and think differently than you.

I have taken you at face value but my BS meter is starting to activate.

Property tax isn't based on your income but rather the value of the home you choose to buy.

Everyone has access to health insurance, if you are already sick then it's not "insurance" any more, it's more like trying to find a sucker to pay for your healthcare... it's not unlike trying to buy a car insurance AFTER you crashed your car...

how sick people without insurance should pay for their healthcare is a complex topic, but lets not confuse "health insurance" with "who will pay for my healthcare"...

I have no idea what you are talking about. The market dropped 324 points today.
I was in a small plane flying to and from Saginaw Mi. I thought the market drop was funny. The BIG money people( I am not a part of that group) decided to send Obama a reminder.. The man that has the gold, makes the rules.