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November 12, 2012 at 8:05 AM in reply to: Big government and absurdly strong unions destroyed Greece and Spain. Expect no less for California. #754456November 12, 2012 at 8:04 AM in reply to: Big government and absurdly strong unions destroyed Greece and Spain. Expect no less for California. #754455
no_such_reality
ParticipantIt’s not that bad, either sell immediately or hold for a year plus.
As for the immediate taxes, they have taxes withheld by automatically selling a portion of your holdings to cover necessary withholding. The only problem is most aren’t withholding enough based on the marginal tax bump they take due to the inflated earnings.
I don’t think bay area engineers will get hit that hard, more and more companies are doing away with RSOs for rank and file.
November 11, 2012 at 12:57 PM in reply to: Big government and absurdly strong unions destroyed Greece and Spain. Expect no less for California. #754360ParticipantI mean go look at the census fact finder and read the economic stats.
They look like OC.
November 11, 2012 at 12:27 PM in reply to: Big government and absurdly strong unions destroyed Greece and Spain. Expect no less for California. #754357ParticipantYou all need to go read the census figures. They’ll debunk you SF makes more mantra.
November 10, 2012 at 1:16 PM in reply to: OT: Lawn care: Do you pay when they don’t show up? #754319ParticipantI’m curious, how many have verified if your lawn guys are legally employable?
November 9, 2012 at 1:51 PM in reply to: Implosion 101: Ann Barnhardt (one of the smartest women in America) #754265ParticipantSo at 1:54, I flipped on the Khardashians.
4:14 is the cold truth though.
ParticipantIndeed is nice for a reactive screening.
Linkedin is nice for extending his network.
But at the VP level, it’s about the network. The recruiters may or may not be busy, but even they will be network. When they’ve got the job, then you need to be fresh in their networking mind. With Recruiters, you match or you don’t.
For the job he wants, I’d suggest id the firms, and start working the network.
Participant[quote=spdrun]You can still get 2 bedroom condos in acceptable areas of SD County for $200k or under. Taxes and HOA are relatively low compared to other parts of the country.[/quote]
That’ll buy you 2000 SF Ranch home on 1/4 quarter in Austin with enough money left over to run a full rehab on the property.
Participant[quote=spdrun]You can still get 2 bedroom condos in acceptable areas of SD County for $200k or under. Taxes and HOA are relatively low compared to other parts of the country.[/quote]
That’ll buy you 2000 SF Ranch home on 1/4 quarter in Austin with enough money left over to run a full rehab on the property.
Participant[quote=Happs]I’m sure the wealthier counties know the value of education, but it’s odd why they were so receptive to a huge tax increase on themselves instead of a large sales tax increase for a few years, which would have impacted them less.[/quote]
90% of households in San Fran make under $200K. Median household income is $69K. $69K in San Fran.
That’s not individuals, that’s households. Alameda county is the same, 91% of households are under $200K. Median is $67K.
ParticipantLadies and Gentlemen, this isn’t a 2 years or 4 years thing.
This is a 20 years thing.
The path California is on, is the path California will walk for the next 20 years.
The bonds, spending plans, these are programs that will be in place for years. It’ll be 5-10 years before anybody starts to even question if it is or isn’t working. The schools have $14 Billion in new capital spending they’re doing (on top of the bonds from the last two elections). They’ll have shiney new schools, ipads in the schools.
The path that is clearly chosen is going to take 5-10 years before the gloss coat starts to show wear.
The only chance it isn’t a 20 year thing is if over the next two years the CA Government goes nuts with taxes. Nuts to the point that even the untaxed start ask wtf?
November 8, 2012 at 11:09 AM in reply to: OT: Attention Walmart Shoppers. Black Friday starts on Thanksgiving Day 8pm this year! #754108Participant[quote=spdrun]
Yeah, shoppers, trample away, you sad bunch of economic bio-robots.[/quote]The root of the problem is this line, not the business.
Participant[quote=CA renter]
If we include all of the tax loopholes designed specifically for (and by) the wealthiest individuals, plus the military that is primarily used to benefit corporate interests here and abroad, plus tax credits for some of the most prosperous corporations and individuals, plus, plus… I’m willing to bet nearly 100% of our population is dependent on govt money in one way or another.[/quote]True, so it is about the value of the spending.
I love charts. Looks like last actuals are 2010, but per capita total California spending.
[img_assist|nid=16839|title=California Per Capita Spending|desc=|link=node|align=left|width=466|height=286]
Obviously as can be seen, we’ve massively cut spending per capita since the early 90s…
ParticipantUncertainty is far more damaging than higher taxes. The State is horribly capricious.
The rich are going to actually get richer in this state because the gravy boat is set to slop all over their table.
November 8, 2012 at 8:13 AM in reply to: Post Election Blues: Dow -176pts, Nasdaq -39, S&P500 -21 #754096ParticipantI disagree Livin.
We need to shift the demand curve. It is that simple. Not shift it down, shift it over.
For example, the average american woman owns 19 shoes.
The average British woman owns 17 shoes.
The average French woman owns 12 shoes.We’re addicted to cheap, disposable and often easy. It’s not sustainable in many forms.
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