3 ms·
Maybe trying to escape the wealth tax?
by hnburnsy 5mo ago
Maybe trying to escape the wealth tax?
- noitpmeder 5mo agoNot sure any of the band members are over 1b individually which is the current threshold. Maybe, though.
- telotortium 5mo agoThere have been arguments that the wealth tax proposal has loopholes that would allow it to be extended to much lower levels of wealth without a further amendment. More importantly, if that’s the way the state’s politics are trending, it might be worth it to leave and come back if the threat goes away. Who knows, maybe one of the band members invested in a successful startup, or is an LP for a VC that did. That’s not unheard of for the entertainment industry. Most people wouldn’t have pegged Ashton Kutcher as an investing genius, but he has been highly successful.
- vondur 5mo agoI think there is a "mansion" tax in Los Angeles proper, but La Crescenta is a separate city.