Re:California population declines for first time in more tha...
by Wolfenstein98k on Friday May 07, 2021 @09:33PM
(#27082796)
Where do the extra billions come from?
[ Parent
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Re:California population declines for first time in more tha...
by epistasis on Friday May 07, 2021 @09:47PM
(#27082860)
If people's rent went to producing more housing and paying for the labor and materials of that housing, and we simultaneously invested in the trades to make sure there was consistent and good pay and that there was enough labor, there would be more than enough money.
If we try to take money from income taxes, it won't work.
We need to stop transferring wealth to unproductive rentiers (landlords), and instead transfer it to labor which will produce what we need.
The reason this doesn't happen is that the rentiers control the zoning boards.
Re:California population declines for first time in more tha...
by baby on Friday May 07, 2021 @11:53PM
(#27083664)
Can we pay more taxes please? I’m serious.
Re:California population declines for first time in more tha...
by AdrianB1 on Saturday May 08, 2021 @05:23AM
(#27085381)
It will be very difficult when total tax rate reaches 100%. It is already over 60-70% in some places, so people's lives are managed more by the government than by themselves, but when you reach 100% and the disposable income gets to be 0 it is hard to extract more tax.
Also: if you are willing to pay more taxes don't even consider forcing others to do the same, that is rude.
Re:California population declines for first time in more tha...
by CamperBob2 on Saturday May 08, 2021 @12:17AM
(#27083811)
Yes, in many jurisdictions voluntary contributions are accepted. I assume you've already explored this option?
Re:California population declines for first time in more tha...
by baby on Saturday May 08, 2021 @02:04AM
(#27084365)
I am not interested as I don’t think voluntary contributions can change anything. This argument goes both ways: why not lowering taxes since people can just donate instead? The next thing you know you don’t have hospitals, roads, police, firemen, army, education, healthcare, oops