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“I’m moving out of state”: employees are trying to avoid California income tax

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Re: “I’m moving out of state”: employees are trying to avoid California income tax

#131

Post by yurymik »

cpursley wrote: post #129
yurymik wrote: post #125

Earlier quoted context omitted.

> Russia with a 13% flat tax That's a common misconception. Yes, personal tax rate is 13%, but your employer will have to pay for health insurance (5.1), social services (2.9), and pension fund (22). Overall, you get closer to 43% flat tax rate. The big difference is - you never see these moneys in the first place. Your paycheck is a net pay, all deducts are applied by the accounting department and only 13% rate is w…

Interesting, thanks for pointing this out. I have been considering becoming a Russian resident (and eventually citizen ~ yes, crazy). Do you know if self-employed people are liable for the other taxes you mentioned?

There are several tax schemes available and depending on your situation (who pays your bills, employees, etc) you might be eligible for "УСН - упрощенная система налогообложения" (simplified tax system). You'll pay 6% from your income + 15% from your profit. Here's an article you might find interesting (in Russian of course): https://www.moedelo.org/club/article-knowledge/individualnyj...

Re: “I’m moving out of state”: employees are trying to avoid California income tax

#132

Post by cpursley »

yurymik wrote: post #131
cpursley wrote: post #129

Earlier quoted context omitted.

Interesting, thanks for pointing this out. I have been considering becoming a Russian resident (and eventually citizen ~ yes, crazy). Do you know if self-employed people are liable for the other taxes you mentioned?

There are several tax schemes available and depending on your situation (who pays your bills, employees, etc) you might be eligible for "УСН - упрощенная система налогообложения" (simplified tax system). You'll pay 6% from your income + 15% from your profit. Here's an article you might find interesting (in Russian of course): https://www.moedelo.org/club/article-knowledge/individualnyj...

Спасибо!

Re: “I’m moving out of state”: employees are trying to avoid California income tax

#133

Post by cptskippy »

pandaman wrote: post #118
cptskippy wrote: post #36

Earlier quoted context omitted.

What specifically about the infrastructure are you objecting to besides the aesthetic?

Not the OP, but the ongoing typhus epidemic in LA would be near the head of my list.

Are medical outbreaks something that's typically considered part of infrastructure? At least in GA that's something the CDC would manage.

I considered infrastructure to be roads, sewers, water mains, electrical, etc... not necessarily a medical outbreak.

Re: “I’m moving out of state”: employees are trying to avoid California income tax

#134

Post by pandaman »

cptskippy wrote: post #133
pandaman wrote: post #118

Earlier quoted context omitted.

Not the OP, but the ongoing typhus epidemic in LA would be near the head of my list.

Are medical outbreaks something that's typically considered part of infrastructure? At least in GA that's something the CDC would manage. I considered infrastructure to be roads, sewers, water mains, electrical, etc... not necessarily a medical outbreak.

Typhus is not flu, you need to have the city in a very bad shape to get such an outbreak. Has nothing to do with medicine.

Re: “I’m moving out of state”: employees are trying to avoid California income tax

#135

Post by cc439 »

scottlocklin wrote: post #111
logfromblammo wrote: post #102

Earlier quoted context omitted.

If anyone lives in a state that is not corrupt, please raise your hand. Don't be shy. We promise that we won't move in and ruin it for you all at once. ...No one? Corruption follows the money. Highly paid jobs follow the money. By an argument purely by correlations and assumptions, I'd say that most of the people on HN have highly paid jobs in states with plenty of people, and plenty of money to spend on the tech ind…

New Hampshire is great; unlike California corruption, whatever hypothetical corruption there is here, I don't have to pay for with my tax dollars. The place is run with Prussian efficiency, so hypothetical corruption doesn't impact my daily life. It's an astounding upgrade. Unlike California, the roads work (the potholes start on 93 as soon as you cross the border to Massachusetts). Let's do a full stop there. Califo…

You've basically summed up my opinion on CA in comparison with my current state of residence. The only major diffetence is our roads also suck like CA's despite having a similar weather advantage but at least I can blame them on the insane amount of truck traffic (~50% of interstate traffic outside of rush hour) fhat stems from our status as a major manufacturing hub. We don't pay much in taxes and all that sweet, sweet value added manufscturing employment and wage growth is worth the potholes in my opinion.

I recently visited SF, the capitol city of HN's core demographic and my wife and I stood aghast at the sheer filthiness and unseemly nature of the place. Present day San Francisco is a place ripped straight from the pages of a dystopian cyberpunk-ish novel from 20-40 years ago. Excessive wealth cloistered in enclaves surrounded by slums (homeless camps) and a complete degenration of the public square (in a broad sense, I'm referring to all the public spaces in the city center) into a gallery of feces, drug abuse, and general decay all bathed in the glow of private spaces reserved for the wealthy tech elite. The "high tech, low life" aesthetic popularized by that genre has been given life in that city and it is terrifying to see such a nightmare become reality.

Re: “I’m moving out of state”: employees are trying to avoid California income tax

#136

Post by cc439 »

sundaeofshock wrote: post #84
crisdux wrote: post #5

Earlier quoted context omitted.

Let's be a bit honest here. California public infrastructure has hardly contributed to the windfall people are getting due to their work in the tech industry.

Are saying tech workers don’t use public roads or mass transit to leave their homes?

Piblic roads are almost always maintained by the local municipality though and they collect the least taxes of any level of governmwnt yet deliver the most services. I've never bought that argument unless applied to the modern interstate system which was once a Federal responsibility but is now mostly state funded.

Re: “I’m moving out of state”: employees are trying to avoid California income tax

#137

Post by RhysU »

moosey wrote: post #55
Reedx wrote: post #26

As someone that lives in the Bay Area, I wouldn't mind it if our taxes were being used effectively. But we do so little with so much . The state of our infrastructure, public transit and the homeless situation is embarrassing. Especially in SF. The conversation about taxes always seems to be so shallow to the point of being binary. One side saying we need to increase taxes to fix things, the other saying we need to d…

Normally a country that is the size of CA, and having the same economy, would have a broader tax base because it wouldn't be losing money to another government, in this case, the federal government of the United States. Of course, there is Prop 13, which greatly harmed the state's ability to collect taxes. Finally, I'd argue that efficiency is impossible as long as the government continues to use the same just-in-tim…

Normally a country that is the size of CA, and having the same economy, would have to pay for its own military, etc. The Federal government does provide irreplaceable services.

Re: “I’m moving out of state”: employees are trying to avoid California income tax

#138

Post by masonic »

dragonwriter wrote: post #128
pliny wrote: post #16

>On the other hand, Silicon Valley money is made in California and draws on California services. Employees commute to work on taxpayer-funded roads and many studied at taxpayer-funded schools. And one extreme example: When a gunman shot four people on the campus of YouTube last spring, it was San Bruno police that responded to the scene. This argument is scale invariant, you could say that any level of taxation justi…

> so it must also depend on the question of how other states manage to do the same work the California Government does (having schools, roads and police) with much lower rates of income and sales tax and a much less smaller tax base. (1) They don't do the work the CA government does, which is why CA has a larger tax base. (2) They have higher property taxes; California has the third highest median home price of the 5…

  the 10th lowest tax bill on median priced home of the same 51 jurisdictions
You don't give a source, so it's unclear whether that figure accounts for Prop 13 effects or local added parcel taxes.

The average of existing tax bills (with embedded Prop 13 reductions) is meaningless for comparing to new-property taxes in another state.

Re: “I’m moving out of state”: employees are trying to avoid California income tax

#139

Post by dragonwriter »

masonic wrote: post #138
dragonwriter wrote: post #128

Earlier quoted context omitted.

> so it must also depend on the question of how other states manage to do the same work the California Government does (having schools, roads and police) with much lower rates of income and sales tax and a much less smaller tax base. (1) They don't do the work the CA government does, which is why CA has a larger tax base. (2) They have higher property taxes; California has the third highest median home price of the 5…

the 10th lowest tax bill on median priced home of the same 51 jurisdictions You don't give a source, so it's unclear whether that figure accounts for Prop 13 effects or local added parcel taxes. The average of existing tax bills (with embedded Prop 13 reductions) is meaningless for comparing to new-property taxes in another state.

> You don't give a source, so it's unclear whether that figure accounts for Prop 13 effects

Since Prop 13 both sets the maximum rate of property tax and sets the procedural requirements for increasing any tax in California, everything about property tax in California is “Prop 13 effects.”

I suspect what you mean is “effects of the Prop 13 limits on annual assessment increases”.

> The average of existing tax bills (with embedded Prop 13 reductions) is meaningless for comparing to new-property taxes in another state.

The point wasn't comparing new-property taxes, it was addressing “how other states manage to do the same work the California Government does (having schools, roads and police) with much lower rates of income and sales tax and a much less smaller [sic] tax base.”

One of the ways they do it is by having higher property taxes. Often at effective tax rates higher than the prop 13 limit on nominal rates, even before the effect of assessment limits. (And, in the broader context of the thread, consideration of moving out of California, if the alternative is staying in place in California, property taxes with the Prop 13 assessment limit are absolutely the right comparison with new-home taxes in other states.)

Re: “I’m moving out of state”: employees are trying to avoid California income tax

#140

Post by cptskippy »

pandaman wrote: post #134
cptskippy wrote: post #133

Earlier quoted context omitted.

Are medical outbreaks something that's typically considered part of infrastructure? At least in GA that's something the CDC would manage. I considered infrastructure to be roads, sewers, water mains, electrical, etc... not necessarily a medical outbreak.

Typhus is not flu, you need to have the city in a very bad shape to get such an outbreak. Has nothing to do with medicine.

Typhus is a disease spread by organisms like fleas. Fleas can exist in people and animals (e.g. rats). The epidemic in LA is among the homeless and those who have been exposed to them (e.g. city workers).

The problem is one primarily of policy and not due to infrastructure being in disrepair. Stating that a typhus outbreak is due to crumbling infrastructure just outright false.

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