OK all you Cali-haters.....take this!
xj4094dg
Posts: 1,158
California Freedom From Slavery Act
November 9, 2009
Initiative HTML PDF
The measure exempts all residents, beginning January 1 of the year after their 55th birthday, from all forms of State of California income and property taxes. While the terms of the measure are not clear, we assume this exemption would apply to all personal income, property, parcel, and Mello-Roos taxes paid by residents over age 55. The measure also exempts heirs from any form of estate tax if the decedent was over age 55 at the time of his or her death.
PLEASE DON'T MOVE HERE. WE DON'T WANT YOU HERE.
November 9, 2009
Initiative HTML PDF
The measure exempts all residents, beginning January 1 of the year after their 55th birthday, from all forms of State of California income and property taxes. While the terms of the measure are not clear, we assume this exemption would apply to all personal income, property, parcel, and Mello-Roos taxes paid by residents over age 55. The measure also exempts heirs from any form of estate tax if the decedent was over age 55 at the time of his or her death.
PLEASE DON'T MOVE HERE. WE DON'T WANT YOU HERE.
"The good thing about science is that it's true whether or not you believe in it." Neil deGrasse Tyson.
Post edited by xj4094dg on
Comments
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The Governator is begging people to move there because he needs the tax base to try and make up for his budget shortfalls.Expert Moron Extraordinaire
You're just jealous 'cause the voices don't talk to you! -
The Governator is begging people to move there because he needs the tax base to try and make up for his budget shortfalls.
I didn't vote for yet another actor, acting like a governor. Arnold can kiss my ****. There are way too many foreigners here already. F Arnold."The good thing about science is that it's true whether or not you believe in it." Neil deGrasse Tyson. -
It sounds nice and all, but for a state that's circling the drain, a measure like that would be the final flush.
Good luck, ya'll need it.Political Correctness'.........defined
"A doctrine fostered by a delusional, illogical minority and rabidly promoted by an unscrupulous mainstream media, which holds forth the proposition that it is entirely possible to pick up a t-u-r-d by the clean end."
President of Club Polk -
Sometimes, I wonder why I feel like I am in China when I am actually in Los Angeles. Trying out Different Audio Cables is a Religious Affair. You don't discuss it with anyone. :redface::biggrin:
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My guess is it will never pass. It did say it's an intiative. I mean didn't thye just raise a bunch of taxes that start taking effect next year there?
If by chance, this did get all they way through and became a law. California might be the next Florida.Without music to decorate it, time is just a bunch of boring production deadlines or dates by which bills must be paid. ..... Frank Zappa -
I don't know how many times, someone can GIVE you the answer, but....
CUT...ENTITLEMENT...PROGRAMS, SOCIALISM...DOESN'T...WORK!I refuse to argue with idiots, because people can't tell the DIFFERENCE! -
This Initiative may pass as it is more in line with current thinking. By getting more people receiving benefits than tax payers who pay them, it's got to work right?
Socialism works great until you run out of somebody else's money.
M. Thatcher>
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