California To Hit Startup Founders with Big Retroactive Tax Bills

Re:California To Hit Startup Founders with Big Retroactive T... by jibjaba on Tuesday January 15, 2013 @12:55PM (#5061603)

To me this is a symptom of the twisted politics around taxation in the US. You have one very powerful group that is continually fighting to lower or eliminate taxes and another somewhat less powerful group that wants to bring in enough tax money to fund government services. One side cuts taxes or refuses to raise them and the other side finds new things to tax or other taxes to raise.

Normally such a tug of war is not an issue and is basically a natural consequence of a functioning democracy but in the US it has gone to the extreme.

Personally I blame the anti tax group. They seem to have no use for logic or evidence and only demand more cuts regardless of the previous ones or the consequences. They are refusing to provide the funds necessary to run a modern government.

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Re:California To Hit Startup Founders with Big Retroactive T... by jacoblyles on Tuesday January 15, 2013 @01:39PM (#5061935)

In California, our money goes to retired union worker's pensions, not current public services. Our most powerful lobbying group by money spent is the state teacher's union, followed by the state and municipal employee worker union. We have the highest taxes in the nation, poor public services, and massive debt.

Pro-tax types should stop carrying water for bad governance. I am one of those anti-tax people you say "has no use for logic and evidence", and I am happy to pay taxes when I feel it is going to good use. But I am not willing to pay taxes so that politicians can turn around and give it to the unions that own them at the expense of the public good.

It's funny that most of the world's entrepreneurship is in my country, where people can keep most of their money earned to fund new ventures (for now).

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Re:California To Hit Startup Founders with Big Retroactive T... by talmand on Tuesday January 15, 2013 @01:56PM (#5062090)

So, there can't be a disagreement over what the definition of what a modern government is or what's required to run it? What if my idea of a modern government costs less than your modern government?

What if my modern government gives out free money taken from people, through high taxation, with screen names that start with j? Can I tell you to shut up because you are refusing to provide the funds necessary to run a modern government?

Keep in mind that different people have different ideas about what is needed in government. Debates over taxation is just simply a symptom of that.

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Re:California To Hit Startup Founders with Big Retroactive T... by matwood on Tuesday January 15, 2013 @02:14PM (#5062239)

So the side you disagree with has no use for logic? There is definitely some 'starve the beast' mentality going on, and IMHO it's needed. Government spending is out of control, and taxes overall are too low. The problem is that both sides need to give in a lot if things are ever to be fixed. Neither will admit to any problem and just point fingers at the other.

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Re:California To Hit Startup Founders with Big Retroactive T... by gyardley on Tuesday January 15, 2013 @01:45PM (#5061989)

They are refusing to provide the funds necessary to run what you think a modern government should do.

Opinions differ.

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Re:California To Hit Startup Founders with Big Retroactive T... by jibjaba on Tuesday January 15, 2013 @01:58PM (#5062107)

Sorry, it's not what I think. I am basing my analysis on the many polls I have seen on what government services people expect. For example a large majority of people expect to have Medicare available to them when they turn 65. I am not talking about European style socialism.

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