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Thread: The Blue-State Suicide Pact - an interesting take on taxes

      
   
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    The Blue-State Suicide Pact - an interesting take on taxes

    The following was found on NewGeorgraphy.Com and has, appeared in Forbes Magazine:


    http://www.newgeography.com/content/...e-suicide-pact


    excerpt

    With their enthusiastic backing of President Obama and the Democratic Party on Election Day, the bluest parts of America may have embraced a program utterly at odds with their economic self-interest. The almost uniform support of blue states’ congressional representatives for the administration’s campaign for tax “fairness” represents a kind of bizarre economic suicide pact.

    The author goes on to explain what he means, and cites the following example:


    Of course, one can argue that these changes follow the precepts of social justice: Rich people and rich regions should pay more. Yet being “rich” means different things in different places, due to vast differences in costs of living. The cost of living in New York and Los Angeles, for example, is so high that the adjusted value of salaries rank in the bottom fifth in the nation. In other words, a couple with two children with a $150,000 income in Austin or Raleigh may be, in terms of housing and personal consumption, far “richer” than one making twice that in New York or Los Angeles.

    That last sentence is telling: people in the south live far better on half as much as people in LA or NY.

    It is high time for true tax reform. No, it is past time for that, but nobody in either party in congress has the political will to even attempt doing so.

    It's time, past time, for a new party to emege. Maybe that will be the Tea Party, which I fully expect to emerge in full force next summer or the summer after. Now if only they can agree NOT to talk about those hot button social issues and focus on what is important and best for America. Now there's a thought.
    Last edited by opinterph; December 16th, 2012 at 10:44 AM.

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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    good read henry

    actually a bad read as I'm a NY-er where cost of living is much higher - just returned from a biz trip to NC - Raleigh/Durham/Winston Salem/Charlotte - very affordable - make that cheap - met an agency person who made $40K and had a house - in NY that gets you 3 people in a converted 1BR to 2BR apt. with one on the LR couch

    i've been talking this point all along with of course crickets from the obama lovers - DAMN THE RICH !!!

    Of course, one can argue that these changes follow the precepts of social justice: Rich people and rich regions should pay more. Yet being “rich” means different things in different places, due to vast differences in costs of living. The cost of living in New York and Los Angeles, for example, is so high that the adjusted value of salaries rank in the bottom fifth in the nation. In other words, a couple with two children with a $150,000 income in Austin or Raleigh may be, in terms of housing and personal consumption, far “richer” than one making twice that in New York or Los Angeles.
    fairness ?

    actually the opposite

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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    This is why places like California have to move ahead of the rest of the country on things like our minimum wage, it's simply not realistic to live in California unless you are housing with extended family on $5.75 an hour. Or $6.25 or whatever the Federal min wage is right now.

    I wouldn't be opposed per se to a tax scale that reflected some degree of regional cost of living in theory, because it is quite correct that it varies a lot from region to region. However I say that with the massive caveat that it should never be a system where people who have CHOSEN to live in places like Malibu or Beverly Hills or the upscale parts of Manhattan should have their income appear to be equivalent to a lower middle class person because of how much of their income they tie into a million+ dollar home and a high end lifestyle. It should be a tax basis established over a regional base as large as a county, at the minimum imo, based on average cost of living factors.

    I do have to say though that I question the sincerity of people opposing the "unfair taxation" of rich people in high-cost-of-living-areas when that's for the most part going to encompass blue states over red ones.

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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    may have embraced a program utterly at odds with their economic self-interest
    Hmmmmm, now where have I encountered this before? It isn't quite coming to me, but I know I'll figure it out...
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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    If it causes people to leave these states for another reason

    Right now it's the cost of living inclusive of state and city taxes

    How is that a good thing ?

    Not recognizing that 250k in NYC is diff than Des Moines is not remotely "fair"

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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    What's the problem here? The economic cost of living makes sense. Urban areas have a higher cost of living and are taxed more than rural areas. In turn, you have a greater investment of state and federal government infrastructure that allows you the city benefits of living that you enjoy. These states aforementioned are happily blue. They understand they pay more in taxes than other states. Most of them still won't be affected by the $250,000 tax rate because most Americans still don't make that kind of money.

    Taxes aren't an evil thing. The tax rate that was before the Bush tax cuts was a normal tax rate. The 3% increase isn't going to mean the end of the world for the rich. The economy isn't going to tank because the top 2% are paying a normal rate of taxes.

    If you want to have a real discussion about taxes, you should look at this comparison of how Red states take more federal money than blue states. Blue states feed the Red states in federal assistance to improve the lives of its citizens. I find it funny when you tout the Tea Party was a moral voice to this discussion, when their beliefs would cut this federal aid to the average citizens in these Red states that need it the most:



    There's no suicide pact. The Blue states are fine and happy.
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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    Quote Originally Posted by chance1 View Post
    If it causes people to leave these states for another reason
    That's a half-truth. Sure, some people leave these high cost of living states to get away from the cost of living. But that is omitting to mention the enormous amount of people who move to these places, or choose to live there, because they're also the best places to get a large amount of high-income job options.

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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    Quote Originally Posted by xbuzzerx View Post
    That's a half-truth. Sure, some people leave these high cost of living states to get away from the cost of living. But that is omitting to mention the enormous amount of people who move to these places, or choose to live there, because they're also the best places to get a large amount of high-income job options.
    You are correct, sir.

    Chance1, take a look at this article. There's no shortage of people who want to live where you're at:
    http://www.reuters.com/article/2012/...8EQ5AJ20120326
    More Americans move to cities in past decade-Census
    In 2010, a total of 80.7 percent of Americans lived in urban areas, up from 79 percent in 2000.

    Conversely, 19.3 percent of the U.S. population lived in rural areas in 2010, down from 21 percent in 2000.

    At the same time, the population of urban areas grew by 12.1 percent, much faster than the country's growth rate of 9.7 percent from 2000 to 2010.

    More people residing in urban areas could drive up demand for housing, public transportation, road repairs and social services such as schools and healthcare, at a time when city budgets are starving from cuts in state aid and lower property-tax revenues.
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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    thanks guys but you're IGNORING the facts

    it's hard NOW

    raising the federal inc. tax rate makes it harder
    reducing/eliminating mortgage deduction makes it harder

    and i have no doubt people want to come to nyc - it's awesome

    but it's expensive - too expensive now

    i will ask the question again

    person A makes 250k in nyc
    person B makes 250k in des moines

    tell me that income should be taxed at the same rate understanding that all expenses in nyc > des moines
    rent/home ownership
    real estate taxes if home owner
    sale taxes
    city taxes
    commuting costs
    grocery prices

    i was in Bonefish in Winston Salem for my birthday last week - me and a colleague had an amazing dinner
    entrees, appetizer (shared), wine, desert
    $120 for 2
    same dinner in NYC would be at least double

    as for jobs, i'm relatively certain that ny unemployment rate overindexes the nation

    a friend has a house on LI - bought the house for 250K 10 years ago - taxes were < $4K - he invested another 200k in the house - vs. moving to a bigger house - his taxes are 14k per year - 14k !!!

    not to mention what a mortgage deduction elimination would do to the housing market

    not indexing federal taxes to reflect REAL LIFE REALITY is head in the sand

    and JB, your article talks about total people - not increases - yeah houston and some other cities are popular

    charlotte for example - charlotte is cheap !!! charlotte is not nyc or boston or sf or la

    so i don't think your article is in any way a rebuttal to my point

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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    What? The article is all about increases! What are you talking about? There is a systematic trend that more Americans are moving and living in urban areas and less are living in rural areas. Where is the disconnect here?

    As for mortgage deductions, that has not been specified, and any reductions (no talk of eliminations) are only conjecture at this point.
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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    Quote Originally Posted by Just_Believe18 View Post
    What? The article is all about increases! What are you talking about? There is a systematic trend that more Americans are moving and living in urban areas and less are living in rural areas. Where is the disconnect here?

    As for mortgage deductions, that has not been specified, and any reductions (no talk of eliminations) are only conjecture at this point.
    here's your article

    http://www.reuters.com/article/2012/...8EQ5AJ20120326

    it focuses on shift to urban - i get it

    but the cities they ref as growing - houston, charlotte - these are not top 5 or even top 10
    when talking about chicago, boston, ny - it's about the # of people who live there - NOT the trend

    the article specifically points to NEW cities emerging - take a re look

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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    No, no, here is what I mean. I'm not saying only those big cities are growing. Yes, places like Houston and Charlotte are growing the fastest. They are also urban cities that will increase in cost of living over time as they continue to grow. It is the natural order of any metropolitan city. They are also blue zones in what is an otherwise Red state.

    The topic of this thread is claiming that Blue-states, or just blue areas in general are engaging in some kind of "suicide" pact with prospective tax increases hitting the top 2% of Americans based on a disproportionate cost of living between urban and rural areas. My points still stand that Americans are happily moving to urban areas and enjoy the local, state, and federal infrastructure that is built on higher taxes in those areas.
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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    Quote Originally Posted by Just_Believe18 View Post
    No, no, here is what I mean. I'm not saying only those big cities are growing. Yes, places like Houston and Charlotte are growing the fastest. They are also urban cities that will increase in cost of living over time as they continue to grow. It is the natural order of any metropolitan city. They are also blue zones in what is an otherwise Red state.

    The topic of this thread is claiming that Blue-states, or just blue areas in general are engaging in some kind of "suicide" pact with prospective tax increases hitting the top 2% of Americans based on a disproportionate cost of living between urban and rural areas. My points still stand that Americans are happily moving to urban areas and enjoy the local, state, and federal infrastructure that is built on higher taxes in those areas.
    And they are compensated as the local situation dictates. A buddy who just moved into the civilian workforce could have moved to NYC or to South Carolina based on his job offers. The offer in NYC was essentially the same even those it was much more cash. Simply because the cost of living. Hell most companies have a COLA adjustment for folks based in areas with higher cost.

    So what is the point of this article... blue states will fail and get angry because they pay more taxes?
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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    Quote Originally Posted by Just_Believe18 View Post
    No, no, here is what I mean. I'm not saying only those big cities are growing. Yes, places like Houston and Charlotte are growing the fastest. They are also urban cities that will increase in cost of living over time as they continue to grow. It is the natural order of any metropolitan city. They are also blue zones in what is an otherwise Red state.

    The topic of this thread is claiming that Blue-states, or just blue areas in general are engaging in some kind of "suicide" pact with prospective tax increases hitting the top 2% of Americans based on a disproportionate cost of living between urban and rural areas. My points still stand that Americans are happily moving to urban areas and enjoy the local, state, and federal infrastructure that is built on higher taxes in those areas.
    i sorta took the article and ran with it

    but i agree with the concept - that in MAJOR cities - this tax increase - will be devastating

    i recently saw an article - NYT I think that talked about the impact of the proposed tax cuts expiring - and guess what NYC got hammered

    and there's only so much u can take

    i have to tell u being in Durham it did cross my mind - moving

    but then I'd have to be close to the fucking Duke Blue Devils no way

    but seriously

    not sure why an index system on federal taxes isn't a no brainer

    with a vig for "you live in nyc" being fine - just not 1:1

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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    Quote Originally Posted by Just_Believe18 View Post
    What's the problem here? The economic cost of living makes sense. Urban areas have a higher cost of living and are taxed more than rural areas. In turn, you have a greater investment of state and federal government infrastructure that allows you the city benefits of living that you enjoy. These states aforementioned are happily blue. They understand they pay more in taxes than other states. Most of them still won't be affected by the $250,000 tax rate because most Americans still don't make that kind of

    Taxes aren't an evil thing. The tax rate that was before the Bush tax cuts was a normal tax rate. The 3% increase isn't going to mean the end of the world for the rich. The economy isn't going to tank because the top 2% are paying a normal rate of taxes.


    If you want to have a real discussion about taxes, you should look at this comparison of how Red states take more federal money than blue states. Blue states feed the Red states in federal assistance to improve the lives of its citizens. I find it funny when you tout the Tea Party was a moral voice to this discussion, when their beliefs would cut this federal aid to the average citizens in these Red states that need it the most:



    There's no suicide pact. The Blue states are fine and happy.
    Notice that the states with highest non payers are also states with high minority populations who disproportionatly receive benefits.
    While people move to urban areas, as fewer and fewer people pay income taxes there is a big motivation for high payers to move to less hostile states. California in particular is losing millionaires.

    - - - Updated - - -

    Quote Originally Posted by Just_Believe18 View Post
    What's the problem here? The economic cost of living makes sense. Urban areas have a higher cost of living and are taxed more than rural areas. In turn, you have a greater investment of state and federal government infrastructure that allows you the city benefits of living that you enjoy. These states aforementioned are happily blue. They understand they pay more in taxes than other states. Most of them still won't be affected by the $250,000 tax rate because most Americans still don't make that kind of

    Taxes aren't an evil thing. The tax rate that was before the Bush tax cuts was a normal tax rate. The 3% increase isn't going to mean the end of the world for the rich. The economy isn't going to tank because the top 2% are paying a normal rate of taxes.


    If you want to have a real discussion about taxes, you should look at this comparison of how Red states take more federal money than blue states. Blue states feed the Red states in federal assistance to improve the lives of its citizens. I find it funny when you tout the Tea Party was a moral voice to this discussion, when their beliefs would cut this federal aid to the average citizens in these Red states that need it the most:



    There's no suicide pact. The Blue states are fine and happy.
    Notice that the states with highest non payers are also states with high minority populations who disproportionatly receive benefits.
    While people move to urban areas, as fewer and fewer people pay income taxes there is a big motivation for high payers to move to less hostile states. California in particular is losing millionaires.

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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    Benvolio, stop interjecting your racist garbage into every thread you post here. That is not even a remotely accurate statement. Compare the white population percentages to the states that are white and blue to the reds and they don't match up.

    http://www.statehealthfacts.org/comp...sp?ind=6&cat=1
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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    only thing that fails worse than this thread is mitt romney, the gop, and mitch mcconnell.
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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    Quote Originally Posted by evanrick View Post
    only thing that fails worse than this thread is mitt romney, the gop, and mitch mcconnell.
    Thanks for that .

    Just read that Boehner offered up tax hikes for $1m and up

    Vs 250k

    Settle on 500k ?

    Better than a kick in the head

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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    Just FYI, everyone: the federal poverty level is adjusted by region.

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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    As an individual with a career in urban planning and development, NYC is way beyond the reasonable cost-of-living index for its size. Chicago and Los Angeles are close runner ups but they are way more affordable than NYC. It's one of the reasons why I am apart of the "what the hype of New York" crowd although I do respect their urbanity and dense development patterns.

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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    Ask the question: do you really think every city should be equally affordable?
    Americans need to keep their guns so they can protect themselves from gun violence just like Nancy Lanza did. And like Chris Kyle did. And like Gabby Giffords did. And like Tom Clements did. And like Michael Piemonte.

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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    Quote Originally Posted by bankside View Post
    Ask the question: do you really think every city should be equally affordable?
    It would certainly be an interesting experiment.

    A lot of increased cost has to do with urban planning. As an example, almost the moment Oregon adopted "urban growth boundary" rules, the price of housing inside that boundary went up, and continues to rise. Why? Because there's only so much land, and only so many people are willing to live in vertical warehouses in little boxes all the same.

    "Thirty-one* states allow all qualified citizens to carry concealed weapons. In those states, homosexuals should embark on organized efforts to become comfortable with guns, learn to use them safely and carry them. They should set up Pink Pistols task forces, sponsor shooting courses and help homosexuals get licensed to carry. And they should do it in a way that gets as much publicity as possible. "

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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    Quote Originally Posted by bankside View Post
    Ask the question: do you really think every city should be equally affordable?
    no

    the point is not "EQUALLY AFFORDABLE"

    the point is the absurdity of no index on federal income as it relates to effective tax rates

    250k as a set # is DUMB and not FAIR

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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    Quote Originally Posted by chance1 View Post
    no

    the point is not "EQUALLY AFFORDABLE"

    the point is the absurdity of no index on federal income as it relates to effective tax rates

    250k as a set # is DUMB and not FAIR
    Well, then no number at all is "FAIR".

    $250k/yr is a lot of money no matter where you are -- and people making that did just fine before the Bush cuts.

    $500k/yr is an absurd amount of money anywhere you live -- and that would be a good place to add another percent or two for the bracket.

    $1mn/yr is ludicrous no matter where you are -- and that would be a good place for another bracket with another couple of percentage points.

    "Thirty-one* states allow all qualified citizens to carry concealed weapons. In those states, homosexuals should embark on organized efforts to become comfortable with guns, learn to use them safely and carry them. They should set up Pink Pistols task forces, sponsor shooting courses and help homosexuals get licensed to carry. And they should do it in a way that gets as much publicity as possible. "

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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    Quote Originally Posted by bankside View Post
    Ask the question: do you really think every city should be equally affordable?
    Also, nobody is forcing you to live in a particular place. It's a straw man argument.

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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    Quote Originally Posted by maxpowr9 View Post
    Also, nobody is forcing you to live in a particular place. It's a straw man argument.
    Lol

    What does force have to do with it ?

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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    Quote Originally Posted by maxpowr9 View Post
    Also, nobody is forcing you to live in a particular place. It's a straw man argument.
    Good point.

    "Thirty-one* states allow all qualified citizens to carry concealed weapons. In those states, homosexuals should embark on organized efforts to become comfortable with guns, learn to use them safely and carry them. They should set up Pink Pistols task forces, sponsor shooting courses and help homosexuals get licensed to carry. And they should do it in a way that gets as much publicity as possible. "

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    *the number is now forty

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    IllumiNaughty Overlord. bankside's Avatar
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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    Quote Originally Posted by chance1 View Post
    no

    the point is not "EQUALLY AFFORDABLE"

    the point is the absurdity of no index on federal income as it relates to effective tax rates

    250k as a set # is DUMB and not FAIR
    If I'm smart enough to live in a place that gives me good value for money, why do you think I'd be dumb enough to vote for a tax system that subsidised somebody else's choice to live somewhere expensive with exemptions indexed to their lavish cost of living?
    Americans need to keep their guns so they can protect themselves from gun violence just like Nancy Lanza did. And like Chris Kyle did. And like Gabby Giffords did. And like Tom Clements did. And like Michael Piemonte.

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    FEAR THE LIBERAL DETENTE! TX-Beau's Avatar
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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    I'm beginning to suspect that Chance's taxes are about to go up.
    ATTACK OF THE LIBERAL ELITE

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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    Quote Originally Posted by TX-Beau View Post
    I'm beginning to suspect that Chance's taxes are about to go up.
    About time he paid his fair share.

    Though I'm still hoping for that surtax on incomes above a million.

    "Thirty-one* states allow all qualified citizens to carry concealed weapons. In those states, homosexuals should embark on organized efforts to become comfortable with guns, learn to use them safely and carry them. They should set up Pink Pistols task forces, sponsor shooting courses and help homosexuals get licensed to carry. And they should do it in a way that gets as much publicity as possible. "

    --Jonathan Rauch, Salon Magazine, March 13, 2000

    *the number is now forty

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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    Quote Originally Posted by bankside View Post
    If I'm smart enough to live in a place that gives me good value for money, why do you think I'd be dumb enough to vote for a tax system that subsidised somebody else's choice to live somewhere expensive with exemptions indexed to their lavish cost of living?
    I reject your smart dumb context.

    The issue as the president stated.

    Is fairness

    the definition of wealthy is not the same based on your state

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    IllumiNaughty Overlord. bankside's Avatar
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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    The issue is certainly fairness. People who eat caviar and drive porsches and live in Manhattan cannot claim poverty because their cost of living is high.
    Americans need to keep their guns so they can protect themselves from gun violence just like Nancy Lanza did. And like Chris Kyle did. And like Gabby Giffords did. And like Tom Clements did. And like Michael Piemonte.

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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    Sure they can claim it, if the rest of us buy it that's our fault not theirs.
    ATTACK OF THE LIBERAL ELITE

  34. #34
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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    Quote Originally Posted by bankside View Post
    The issue is certainly fairness. People who eat caviar and drive porsches and live in Manhattan cannot claim poverty because their cost of living is high.
    Cliche much ?

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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    Quote Originally Posted by chance1 View Post
    The issue as the president stated.

    Is fairness

    the definition of wealthy is not the same based on your state
    And it's all due to the 'free' market. Which means that if you're "suffering" by being paid enough to get kicked to a higher bracket, it's because of your choice.

    "Thirty-one* states allow all qualified citizens to carry concealed weapons. In those states, homosexuals should embark on organized efforts to become comfortable with guns, learn to use them safely and carry them. They should set up Pink Pistols task forces, sponsor shooting courses and help homosexuals get licensed to carry. And they should do it in a way that gets as much publicity as possible. "

    --Jonathan Rauch, Salon Magazine, March 13, 2000

    *the number is now forty

  36. #36
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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    Quote Originally Posted by chance1 View Post
    Cliche much ?
    Cliche? Is that your new fragrance from Chanel?
    ATTACK OF THE LIBERAL ELITE

  37. #37

    Re: The Blue-State Suicide Pact - an interesting take on taxes

    Quote Originally Posted by bankside View Post
    If I'm smart enough to live in a place that gives me good value for money, why do you think I'd be dumb enough to vote for a tax system that subsidised somebody else's choice to live somewhere expensive with exemptions indexed to their lavish cost of living?
    But we in NYC are subsidizing the red states, not the other way around.

    One main problem with the tax code here is the alternate minimum tax ("AMT"). I am covered by the AMT, which means I pay a flat federal income tax and can not take most deductions, except charitable deductions and mortgage interest. I cannot even deduct New York State and New York City income tax or property tax. Ronald Reagan instituted the AMT (something all you anti-tax, tea partying Ronald Reagan lovers should think about).

  38. #38
    IllumiNaughty Overlord. bankside's Avatar
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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    Explain this mortgage interest deduc….wait; I've found it.

    Okay seriously. You're allowed to write off the cost of the mortgage on your expensive house, or is there a cap or something?
    Americans need to keep their guns so they can protect themselves from gun violence just like Nancy Lanza did. And like Chris Kyle did. And like Gabby Giffords did. And like Tom Clements did. And like Michael Piemonte.

  39. #39

    Re: The Blue-State Suicide Pact - an interesting take on taxes

    Quote Originally Posted by bankside View Post
    Explain this mortgage interest deduc….wait; I've found it.

    Okay seriously. You're allowed to write off the cost of the mortgage on your expensive house, or is there a cap or something?
    Not the principal, just the interest.

    By the way, one bedroom apartments in my neighborhood can sell for over $1 million. An expensive home here doesn't mean it's a mansion.

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    IllumiNaughty Overlord. bankside's Avatar
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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    Quote Originally Posted by chance1 View Post
    Cliche much ?
    My point is, the price of real estate in a given locale reflects the amenities of that locale, whether it be cultural attractions, scenery, recreational activities, more opportunity for advancement, etc. If a person wants to live in the midst of a lot of amenities, they will pay for their choice. It does not mean other people should give them a disproportionate deduction on their tax bill because a bunch of people are willing to pay a lot more than average to live near a bunch of amenities.
    Americans need to keep their guns so they can protect themselves from gun violence just like Nancy Lanza did. And like Chris Kyle did. And like Gabby Giffords did. And like Tom Clements did. And like Michael Piemonte.

  41. #41
    IllumiNaughty Overlord. bankside's Avatar
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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    Quote Originally Posted by palemale View Post
    Not the principal, just the interest.

    By the way, one bedroom apartments in my neighborhood can sell for over $1 million. An expensive home here doesn't mean it's a mansion.
    Okay, but I'd say the same thing about the value of that home. Here's a freestanding house for $38 500
    http://www.realtor.ca/propertyDetail...Key=1563342741

    For only 39 111 US dollars you too could live in beautiful Flin Flon, Manitoba. But you'd be about as far from any amenities as you could care to imagine, and that is reflected in the price. You do get what you pay for, even when a million dollars only buys you a one-bedroom apartment. Congratulations to all the one-bedroom millionaires. Time for them to pay their taxes.
    Americans need to keep their guns so they can protect themselves from gun violence just like Nancy Lanza did. And like Chris Kyle did. And like Gabby Giffords did. And like Tom Clements did. And like Michael Piemonte.

  42. #42

    Re: The Blue-State Suicide Pact - an interesting take on taxes

    Quote Originally Posted by bankside View Post
    Okay, but I'd say the same thing about the value of that home. Here's a freestanding house for $38 500
    http://www.realtor.ca/propertyDetail...Key=1563342741

    For only 39 111 US dollars you too could live in beautiful Flin Flon, Manitoba. But you'd be about as far from any amenities as you could care to imagine, and that is reflected in the price. You do get what you pay for, even when a million dollars only buys you a one-bedroom apartment. Congratulations to all the one-bedroom millionaires. Time for them to pay their taxes.
    True. Who the fuck wants to live in Flin Flon, Manitoba?!?! Karl Marx said something, in praising capitalism, that is quite correct: "At least capitalism saved millions of people from the idiocy of rural life."

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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    Marx never lived in L.A. The idiocy of urban life just costs more - but the boys are cuter and more numerous.

    See, all that increased cost of living for the big city is really just an ass tax.
    ATTACK OF THE LIBERAL ELITE

  44. #44
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    Quote Originally Posted by TX-Beau View Post
    Marx never lived in L.A. The idiocy of urban life just costs more - but the boys are cuter and more numerous.

    See, all that increased cost of living for the big city is really just an ass tax.
    Amen! And they're better dressed too!
    That we are capable only of being what we are, remains our unforgivable sin.
    - Gene Wolfe

  45. #45
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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    Quote Originally Posted by palemale View Post
    But we in NYC are subsidizing the red states, not the other way around.

    One main problem with the tax code here is the alternate minimum tax ("AMT"). I am covered by the AMT, which means I pay a flat federal income tax and can not take most deductions, except charitable deductions and mortgage interest. I cannot even deduct New York State and New York City income tax or property tax. Ronald Reagan instituted the AMT (something all you anti-tax, tea partying Ronald Reagan lovers should think about).
    i think u should pack up and move to ........ charlotte pale

    LOL

    you're just a rich guy anyway - caviar and champagne

    must be a northern thingy

  46. #46
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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    Quote Originally Posted by Benvolio View Post
    there is a big motivation for high payers to move to less hostile states. California in particular is losing millionaires.
    Interesting comment, I actually know one who has done that very thing - in THIS MONTH, DECEMBER 2012, actually. I mean he posted over the weekend that his truck made it to Dallas okay with everything...
    Capitalize when needed. Did you help your Uncle Jack off a horse, or help your uncle jack off a horse?
    AMY'S BOSS: Sorry, I need to lay you and Jack off. AMY: Can you just jack off? I feel like shit today.
    "All legal U. S. residents who are 18 years or older, shall have an unconditional right to vote." - 28th Amendment, US Constitution?
    I distrust those people who know so well what God wants them to do, because I notice it always coincides with their own desires" - Susan B. Anthony

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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    Quote Originally Posted by palemale View Post
    True. Who the fuck wants to live in Flin Flon, Manitoba?!?! Karl Marx said something, in praising capitalism, that is quite correct: "At least capitalism saved millions of people from the idiocy of rural life."
    This site is doing some strange things with the quote function...as in: the Benvolio quote appeared again even though I answered it.

    No, me no-wanna be's in Flin Flon. I've actually been there (so isolated that not even that many Canadians have been there, as it's not on the way to ANYTHING!!). I can't imagine living hundreds of miles away from anything vibrant and interesting going on, though Macomb IL isn't all THAT much better.
    Capitalize when needed. Did you help your Uncle Jack off a horse, or help your uncle jack off a horse?
    AMY'S BOSS: Sorry, I need to lay you and Jack off. AMY: Can you just jack off? I feel like shit today.
    "All legal U. S. residents who are 18 years or older, shall have an unconditional right to vote." - 28th Amendment, US Constitution?
    I distrust those people who know so well what God wants them to do, because I notice it always coincides with their own desires" - Susan B. Anthony

  48. #48
    IllumiNaughty Overlord. bankside's Avatar
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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    Okay great, I've been through too, and I thought it was scenic. But it is in the middle of nowhere and far from comforts or opportunity. The point is that if people can only afford $30-$40 thousand for a house, can you realistically say they're unfairly burdening people in Vancouver who'd have to pay at least a million for the same tiny house? Oh, poor millionaires, being exploited by the greedy Flin Flonners!
    Americans need to keep their guns so they can protect themselves from gun violence just like Nancy Lanza did. And like Chris Kyle did. And like Gabby Giffords did. And like Tom Clements did. And like Michael Piemonte.

  49. #49
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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    I bet they're takers who expect all kinds of socialism for their laziness.
    ATTACK OF THE LIBERAL ELITE

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    Re: The Blue-State Suicide Pact - an interesting take on taxes

    Flin Flon . . . .

    It's intriguing that a house, even in the sticks, can cost less than my neighbor's new truck.

    "Thirty-one* states allow all qualified citizens to carry concealed weapons. In those states, homosexuals should embark on organized efforts to become comfortable with guns, learn to use them safely and carry them. They should set up Pink Pistols task forces, sponsor shooting courses and help homosexuals get licensed to carry. And they should do it in a way that gets as much publicity as possible. "

    --Jonathan Rauch, Salon Magazine, March 13, 2000

    *the number is now forty

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