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It sounds to me like this person didn't read the proposition before voting yes on it. I voted 'NO' for the proposition because it was going to be retroactive an
by jggonz 14y ago
It sounds to me like this person didn't read the proposition before voting yes on it. I voted 'NO' for the proposition because it was going to be retroactive and because after discussions over the proposition with my friends, I decided that these additional taxes would only have negative effects on the Californian middle class. ($250k is middle class in California!)
There is no excuse for being lazy. Sorry to be so harsh, but yes, shame on you.
- xxpor 14y ago>$250k is middle class in California! You might think this is true, but you're wrong.
- talmand 14y agoAs usual, depends on where you live. Most of the time when I see that $250k tossed around it's in reference to couples. Typically for a single person it's $200k. So a couple only has to reach $125k income each to be taxed at that rate. In some parts of the country it's not hard to imagine that two people can reach that and not be particularly wealthy based on local cost of living. But as you say, I would imagine for most of California this isn't an issue.
- mturmon 14y agoYou're off by a factor of 2. The extra 1% tax kicked in at $250K for individuals, $500K for couples filing jointly. That's very well-off anywhere in CA. Median household income in SF County is $73K, and SF County is quite rich compared to the state median of $61K.
- kaptain 14y ago$250k is not middle class in California. See https://en.wikipedia.org/wiki/American_middle_class https://en.wikipedia.org/wiki/American_middle_class. $250K is upper middle class at the most.