Lee Duna@lemmy.nz to News@lemmy.worldEnglish · 10 months agoForty-four of 50 US states worsen inequality with ‘upside-down’ taxeswww.theguardian.comexternal-linkmessage-square35fedilinkarrow-up1447arrow-down15
arrow-up1442arrow-down1external-linkForty-four of 50 US states worsen inequality with ‘upside-down’ taxeswww.theguardian.comLee Duna@lemmy.nz to News@lemmy.worldEnglish · 10 months agomessage-square35fedilink
minus-squarenbafantest@lemmy.worldlinkfedilinkarrow-up2·10 months agoTaxes are not free of side effects
minus-squareTigrisMorte@kbin.sociallinkfedilinkarrow-up7arrow-down2·10 months agoTrue. Those side effects being things like Health Care, Roads, Schools, First Responders, etc…
minus-squarenbafantest@lemmy.worldlinkfedilinkarrow-up1arrow-down9·10 months agoUnfortunately, California is facing a massive budget deficit and cuts to all those programs due to people moving away
minus-squareTigrisMorte@kbin.sociallinkfedilinkarrow-up3arrow-down1·10 months agoYup. The folks that over relied upon office building taxes are indeed learning they should have seen it coming. Your point remains irrelevant however as those services shall still exist in CA while still not existing in TX.
minus-squarenbafantest@lemmy.worldlinkfedilinkarrow-up1arrow-down1·10 months agoThe state doesn’t rely on office building taxes
minus-squareTigrisMorte@kbin.sociallinkfedilinkarrow-up1·10 months agoNo, they rely upon taxing the landlords rent. Are you really this dense?
minus-squarenbafantest@lemmy.worldlinkfedilinkarrow-up1arrow-down1·10 months agoWhat? The vast majority of state income is from income taxes.
minus-squareTigrisMorte@kbin.sociallinkfedilinkarrow-up1·10 months agoAnd the landlord’s rent is what?
minus-squarenbafantest@lemmy.worldlinkfedilinkarrow-up1·10 months agoDepends on what the landlord is. Could be stock dividends, could all go towards more investment.
Taxes are not free of side effects
True. Those side effects being things like Health Care, Roads, Schools, First Responders, etc…
Unfortunately, California is facing a massive budget deficit and cuts to all those programs due to people moving away
Yup. The folks that over relied upon office building taxes are indeed learning they should have seen it coming. Your point remains irrelevant however as those services shall still exist in CA while still not existing in TX.
The state doesn’t rely on office building taxes
No, they rely upon taxing the landlords rent. Are you really this dense?
What? The vast majority of state income is from income taxes.
And the landlord’s rent is what?
Depends on what the landlord is. Could be stock dividends, could all go towards more investment.