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It's difficult to predict because taxes are somewhat manipulatable. Will more compensation be deferred to avoid the tax? Will some people retire or move?
by HWR_14 2y ago
It's difficult to predict because taxes are somewhat manipulatable. Will more compensation be deferred to avoid the tax? Will some people retire or move?
- skeeter2020 2y agoexactly - they're going after a segment that has the freedom, resources and will to respond effectively, with an entire industry supporting them. Now watch the state budget on these new revenue numbers and see the shortfall in coming years.
- jncfhnb 2y agoThe article is suggesting the opposite has happened and that the tax revenues are a bit higher than expected
- jncfhnb 2y agoRereading the article, which throws out a lot of misleading numbers, it sounds like their estimate was actually pretty close. So yeah I guess that seems reasonable