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gperkins978 | 1 year ago

The state of nature has no schools, no water, no sewer and no police. If one is going to live in a civilized nation, he should pay his share of taxes. Capital gains is 15%. That is not an outrageous amount. Everyone should pay because everyone benefits. One is free to leave and live in tax shelter principality or Sultanate.

There is a problem with high taxes on earned income, but anyone complaining about the 15% capital gains tax has problems. The estate tax only applies to this who are very, very fortunate. These are not even earned. Again, if one hates his country, he can move to Dubai, Bermuda or the Glorious Sultanate of Brunei and enjoy their lifestyle.

I do understand that people in California get angry because the state is so poorly run, but most of the US has easily avoided the self-created problems of California and New York city.

discuss

order

supplied_demand|1 year ago

==most of the US has easily avoided the self-created problems of California and New York city.==

Two places which produce an outsized share of the country's businesses and wealth? Seems like they are doing something right.

Nasrudith|1 year ago

Fair enough that they are outsized productivity but they are also two places which have managed to basically population-cap themselves, primarily through real-estate mismanagement and refusal to build sufficiently to make it worth living there even as infamously high paying areas.