4 ms·

is it a shared belief that the rich should contribute to society through taxation, and regulatory agencies that try to protect consumers? no it must be <cultur

is it a shared belief that the rich should contribute to society through taxation, and regulatory agencies that try to protect consumers? no it must be <culture war issue>

elteto 3y ago
I think everything is working as intended in this case: some states have decided on having very high taxation rates, and other states have decided they will shift that burden to alternative taxation schemes (sales/property taxes). And these companies have decided to vote with their feet by moving to what they perceive are better tax environments for them. More might follow in the future, others will never move. It’s not cultural war, it’s just market dynamics.
- janalsncm 3y ago
  It’s the same market dynamics which lead to the deindustrialization of the United States. Some countries have high costs of living coupled with burdensome work safety and child labor regulations. Other countries are less concerned about workplace safety. And others still are happy to be tax havens in exchange for a percentage or two. I’m not just saying this to be facetious or contrarian. My point is that markets aren’t “just so” systems. We decide the parameters under which these amoral corporations operate.
JumpCrisscross 3y ago
> shared belief that the rich should contribute to society through taxation New York and California also have massive bureaucracies and a tax and rulebook to match. I’ve generally been less irked by their rates than the time and energy it takes to prepare their returns.
- justrealist 3y ago
  I still remember living in California and every year checking the turbotax box that said I was not claiming a deduction from the Armenian Genocide Restitution Fund or whatever.
  - vgivanovic 3y ago
    Funny how people are willing to deny benefits to others while claiming different benefits for themselves. Me thinks you'd feel differently if, say, a fund were created to compensate people for consuming PFASs (which you undoubtedly have). Or, maybe not. Regardless, I think it's important to be consistent: If you deny benefits to others, then don't accept them yourself.
    - justrealist 3y ago
      Tax returns are not the most efficient way to correct all of society's historical injustices.
- vgivanovic 3y ago
  California is #12 in total tax burden in 2023. (https://wallethub.com/edu/states-with-highest-lowest-tax-burden/20494 https://wallethub.com/edu/states-with-highest-lowest-tax-bur...) Maine, Vermont, Iowa all havae higher total tax burdens than California. New York, however is #1. On the other hand, New York City is THE place to be to find fame and fortune in any number of professions. Finance, the arts, fashion all come to mind immediately.

is it a shared belief that the rich should contribute to society through taxation, and regulatory agencies that try to protect consumers? no it must be <culture war issue>

elteto 3y ago

I think everything is working as intended in this case: some states have decided on having very high taxation rates, and other states have decided they will shift that burden to alternative taxation schemes (sales/property taxes). And these companies have decided to vote with their feet by moving to what they perceive are better tax environments for them. More might follow in the future, others will never move. It’s not cultural war, it’s just market dynamics.

janalsncm 3y ago
It’s the same market dynamics which lead to the deindustrialization of the United States. Some countries have high costs of living coupled with burdensome work safety and child labor regulations. Other countries are less concerned about workplace safety. And others still are happy to be tax havens in exchange for a percentage or two. I’m not just saying this to be facetious or contrarian. My point is that markets aren’t “just so” systems. We decide the parameters under which these amoral corporations operate.

JumpCrisscross 3y ago

> shared belief that the rich should contribute to society through taxation New York and California also have massive bureaucracies and a tax and rulebook to match. I’ve generally been less irked by their rates than the time and energy it takes to prepare their returns.

justrealist 3y ago
I still remember living in California and every year checking the turbotax box that said I was not claiming a deduction from the Armenian Genocide Restitution Fund or whatever.
- vgivanovic 3y ago
  Funny how people are willing to deny benefits to others while claiming different benefits for themselves. Me thinks you'd feel differently if, say, a fund were created to compensate people for consuming PFASs (which you undoubtedly have). Or, maybe not. Regardless, I think it's important to be consistent: If you deny benefits to others, then don't accept them yourself.
  - justrealist 3y ago
    Tax returns are not the most efficient way to correct all of society's historical injustices.
vgivanovic 3y ago
California is #12 in total tax burden in 2023. (https://wallethub.com/edu/states-with-highest-lowest-tax-burden/20494 https://wallethub.com/edu/states-with-highest-lowest-tax-bur...) Maine, Vermont, Iowa all havae higher total tax burdens than California. New York, however is #1. On the other hand, New York City is THE place to be to find fame and fortune in any number of professions. Finance, the arts, fashion all come to mind immediately.