[quote=Hobie][quote=flu]poor people are about to get poorer…But again, not my problem….[/quote]
except the more ‘disavantaged’ there are, the more you and I will have to pay our fair share. Thank you sir may I have another.[/quote]
Not really. You see, when CA raises it’s sales tax, who’s really gonna feel the pinch.. Not really us…You and me and AN can probably just cut back on spending…if we wanted to, you me an everyone financially responsible could weather it a lot better than anyone else who already spent their credit…
Hypothetically, let’s say you earn an extra $150k, and have to pay an incremental 2% on it. That’s like $3k… That’s $3k that doesn’t go to discretionary spending. to damn bad for someone else… And that’s only if you realize the $150k as income/gain.
You could probably buy/lease a electric/hybrid/etc and enjoy the incentives that they government will throw at us, because we have disposable income.. (Perhaps leasing a $300/month Volt and then writing it off as a business expense)…We can get out cheap loans. etc etc etc.
Or if you’re a landlord, you can probably just raise the rent here or there a bit…Or if you’re a small biz owner, you just nudge the price up a bit or two…
The people really gonna feel it are folks for which a good portion of their disposable income goes to prepared food, services, gas, toilet paper,etc,etc,etc… Again, not my problem.
The other group of people are the older people on fixed income without a any sort of COL adjustments…They’re screwed….
And again the less money more people have available, that means those people aren’t going to be buying any housing anytime soon…
I think if you’re in the top 5%, you are either still working or you have amassed wealth, and you can probably figure out how to pass on your 1-3% tax hike to someone else, or to take it out of someone else’s pocket (could be as simple as not spending it)….
You can watch everyone else wallow in the mud….Because they voted for this monster.
It’s all relative dude…. I would be completely bitching if they only raised the taxes for the top earners and didn’t pass on this sales tax to everyone…. But everyone’s gonna feel the pain on this one… I love universal/equal opportunity pain.
Because me thinks once everyone goes through it..No one wants to do it again (if only for a brief time period)…