News for hackers. Stuff that matters.

A comment on 'It's buzzing here': Detroit's revival takes shape after decades of decay. Parent comment

Re:'It's buzzing here': Detroit's revival takes shape after ... by lotsofpulp on Monday February 03, 2025 @12:58PM (#42920902)
I would not be too worried about that. Washington legislators just outlawed income tax last year. While those who want earned income tax are vocal, the support for the initiative against income tax was so widespread that the politicians did not want it on the ballot for fear of voters being swayed to vote for the other ballot initiatives.

https://ballotpedia.org/Washington_Initiative_2111,_Prohibit...

[ Parent | on HN ]
Re:'It's buzzing here': Detroit's revival takes shape after ... by psunavy03 on Monday February 03, 2025 @01:56PM (#42921491)
I wasn't just referring to income tax, but things like capital gains and so forth. The state Supreme Court ruled an excise tax on capital gains was not an income tax, and though the limit is like $250K currently, that could change. And the party that runs Washington is the one that's currently on the warpath about "rich tech bros."
[ Parent | on HN ]
Re:'It's buzzing here': Detroit's revival takes shape after ... by filoleg on Monday February 03, 2025 @02:38PM (#42921939)
They’ve been on that warpath since the glory days of msft and amazon (i.e., for multiple decades at least). All with that same party running things back then in WA. All they’ve accomplished is shooting themselves in the foot here and there, without any meaningful progress.
[ Parent | on HN ]
Re:'It's buzzing here': Detroit's revival takes shape after ... by lotsofpulp on Monday February 03, 2025 @02:32PM (#42921865)
Yes, that (and the LTCi payroll tax) was some nonsense and does bring into question the integrity of the leadership. But the 2111 legislation gives me hope that they aren’t stupid enough to get rid of the states’ most attractive feature for a young, productive workforce.

Especially in a future where young, productive people are going to be in shorter and shorter supply.

[ Parent | on HN ]
Re:'It's buzzing here': Detroit's revival takes shape after ... by tzs on Monday February 03, 2025 @04:20PM (#42923336)
But note that support of the ballot initiative to repeal the capital gains tax was not widespread. 63% voted to reject it and keep the tax.
[ Parent | on HN ]