‘Superman’ Star Flees California, Citing ‘Terrible’ Progressive Policies
invite response
2023 Jun 10, 12:09pm 880 views 18 comments
Comments 1 - 18 of 18 Search these comments
1
clambo
2023 Jun 10, 3:25pm
LA sucks; ever notice the rich celebrities tend to move around? They are seeking a good spot there.
Actually, there isn't.
Brad Pitt got a cool place near Carmel, not far from Clint Eastwood.
Of course if Cain is retired why would he stay to pay California income tax?
California also taxes capital gains, so I predict tech people will eventually leave when they retire.
Actually, there isn't.
Brad Pitt got a cool place near Carmel, not far from Clint Eastwood.
Of course if Cain is retired why would he stay to pay California income tax?
California also taxes capital gains, so I predict tech people will eventually leave when they retire.
3
HeadSet
2023 Jun 10, 6:40pm
HeadSet
2023 Jun 10, 6:40pm
clambo says
Pretty much every state with a State Income Tax will tax capital gains.
California also taxes capital gains
Pretty much every state with a State Income Tax will tax capital gains.
4
Karloff
2023 Jun 10, 8:29pm
Karloff
2023 Jun 10, 8:29pm
Cain is one of few Hollywood conservatives, along with Kevin Sorbo, Rob Schneider, and Kristy Swanson.
Not sure I could even label them as conservative, but just as people who don't regurgitate the programming and ones who actually call out obvious nonsense.
Not sure I could even label them as conservative, but just as people who don't regurgitate the programming and ones who actually call out obvious nonsense.
6
WookieMan
2023 Jun 11, 11:59am
WookieMan
2023 Jun 11, 11:59am
HeadSet says
Capital gains are income after all. Just depends on the percentage. You could go to Puerto Rico... Sorry I've been on this kick but it's true. If you don't know Spanish though it might be rough to commingle with locals. And hurricanes.
clambo says
California also taxes capital gains
Pretty much every state with a State Income Tax will tax capital gains.
Capital gains are income after all. Just depends on the percentage. You could go to Puerto Rico... Sorry I've been on this kick but it's true. If you don't know Spanish though it might be rough to commingle with locals. And hurricanes.
7
ForcedTQ
2023 Jun 11, 12:44pm
WookieMan says
The “gain” should be adjusted by devaluation of the dollar over the duration of holding. That’s the only acceptable taxing of capital gains.
HeadSet says
clambo says
California also taxes capital gains
Pretty much every state with a State Income Tax will tax capital gains.
Capital gains are income after all. Just depends on the percentage. You could go to Puerto Rico... Sorry I've been on this kick but it's true. If you don't know Spanish though it might be rough to commingle with locals. And hurricanes.
The “gain” should be adjusted by devaluation of the dollar over the duration of holding. That’s the only acceptable taxing of capital gains.
10
EBGuy
2023 Jun 11, 3:06pm
California is overly dependent on capital gains to fund its budget and has a high capital gains rate that tops out at 13.3%. I thought CA was an anomaly taxing capital gains as ordinary income, but evidently most states do that.
There are exceptions:
While most states tax income from investments and income from work at the same rate, nine states — Arizona, Arkansas, Hawaii, Montana, New Mexico, North Dakota, South Carolina, Vermont, and Wisconsin — tax all long-term capital gains less than ordinary income.
However, As of 2023, eight states — Alaska, Florida, Nevada, South Dakota, Tennessee, Texas, Washington and Wyoming — do not levy a state income tax. A ninth state, New Hampshire, does not tax earned income, but it does impose a 4% tax on dividends and interest. This is set to expire in 2027.
There are exceptions:
While most states tax income from investments and income from work at the same rate, nine states — Arizona, Arkansas, Hawaii, Montana, New Mexico, North Dakota, South Carolina, Vermont, and Wisconsin — tax all long-term capital gains less than ordinary income.
However, As of 2023, eight states — Alaska, Florida, Nevada, South Dakota, Tennessee, Texas, Washington and Wyoming — do not levy a state income tax. A ninth state, New Hampshire, does not tax earned income, but it does impose a 4% tax on dividends and interest. This is set to expire in 2027.
11
NuttBoxer
2023 Jun 12, 9:38am
NuttBoxer
2023 Jun 12, 9:38am
Why would anyone deal with LA traffic if they don't have to? Fuck the rest, I'd leave just for that reason.
12
NuttBoxer
2023 Jun 12, 9:50am
NuttBoxer
2023 Jun 12, 9:50am
Progressive policies like sicking CPS on parents for not lying about their kids gender..?
https://zerohedge.com/political/california-bill-would-punish-parents-misgendering-their-own-children
https://zerohedge.com/political/california-bill-would-punish-parents-misgendering-their-own-children
13
WookieMan
2023 Jun 12, 10:16am
WookieMan
2023 Jun 12, 10:16am
NuttBoxer says
At least you're getting out a little bit to AZ. Statewide politics suck. Areas are stuck with shitty areas that have the population to control the good areas. Sacramento is the length of IL away from SD. Chicago controls IL and it's bull shit. States like CA and even IL should be cut up into multiple states. South of I-80 here should just be South Illinois like South Dakota.
You guys know better but CA should probably be South California, Central California and Northern California. Outside of Alaska, one massive land mass governed by a few is not a good plan.
Progressive policies like sicking CPS on parents for not lying about their kids gender..?
https://zerohedge.com/political/california-bill-would-punish-parents-misgendering-their-own-children
At least you're getting out a little bit to AZ. Statewide politics suck. Areas are stuck with shitty areas that have the population to control the good areas. Sacramento is the length of IL away from SD. Chicago controls IL and it's bull shit. States like CA and even IL should be cut up into multiple states. South of I-80 here should just be South Illinois like South Dakota.
You guys know better but CA should probably be South California, Central California and Northern California. Outside of Alaska, one massive land mass governed by a few is not a good plan.
14
HeadSet
2023 Jun 12, 12:38pm
HeadSet
2023 Jun 12, 12:38pm
WookieMan says
Yes, with Springfield as the Capital and Chicago the capital of the north. But please, no more "North" and "South" names. Use some imagination and call the new state some historical Injun name like "Kaskaskia."
South of I-80 here should just be South Illinois like South Dakota.
Yes, with Springfield as the Capital and Chicago the capital of the north. But please, no more "North" and "South" names. Use some imagination and call the new state some historical Injun name like "Kaskaskia."
15
UkraineIsTotallyFucked
2023 Jun 14, 9:01pm
UkraineIsTotallyFucked
2023 Jun 14, 9:01pm
WookieMan says
PR taxes capital gains.
https://taxsummaries.pwc.com/puerto-rico/individual/income-determination
You could go to Puerto Rico..
PR taxes capital gains.
https://taxsummaries.pwc.com/puerto-rico/individual/income-determination
16
UkraineIsTotallyFucked
2023 Jun 14, 9:06pm
UkraineIsTotallyFucked
2023 Jun 14, 9:06pm
Ceffer says
Cain also cited Nevada’s lack of a state income tax as a perk.
Several other high-profile stars have left Hollywood for more conservative states over the past few years. Matthew McConaughey moved his family to Texas, and Mark Wahlberg moved to Las Vegas, which he hopes to turn into “Hollywood 2.0.”"
17
Patrick
2023 Jun 19, 11:24am
Patrick
2023 Jun 19, 11:24am
https://thecirculationofelites.substack.com/p/the-phenotype-war
In a post a while back I elaborated on the distinction between what I’m calling temporals and spatials. I’m using this nomenclature to capture a dynamic between phenotypes which in recent decades has been characterized as left and right, or liberal and conservative. ...
As harsh Darwinian conditions select for temporals (with their risk-aversion, suspicion of novelty, and concern for rules and borders), the resulting high trust and culturally cohesive societies create the opportunity to prosper. That prosperity, though, over enough time, relaxes Darwinian conditions, and creates an increasingly valuable role and socially accepting place for spatials (with their novelty-seeking, transgressive, suspicion of borders and rules). The spatials push both artistic and scientific innovation, increasing prosperity and experiences of individual fulfilment. Eventually, though, space biased societies fall victim to Weber’s crisis of rationality. Increasingly insulated from nature’s corrective negative feedback loop, a positive feedback loop drives space biases too far from reality and the society eventually collapses.
18
Ceffer
2023 Jun 19, 12:29pm
Ceffer
2023 Jun 19, 12:29pm
Ben Shapiro to Nashville (native LA), and Joe Rogan to Austin are a few others. The sale by artists and celebrities of homes in LA is apparently massive.
https://headlineusa.com/superman-star-flees-california-citing-terrible-progressive-policies/
'The policies are just terrible. The fiscal policies, the soft-on-crime policies, the homelessness policies... '
"Cain listed his Malibu home in March and sold the property for $6.25 million last month. He has since relocated to Las Vegas, where he said his family is already happier.
“I’ve been here for two weeks now, and I can tell you, [it’s a] smart move… my son is 10 times happier here in Las Vegas. If I wanted to do anything out of Malibu, it took me 45 minutes to an hour to get anywhere. Here, the longest I’m driving is 20 minutes,” he said.
Cain also cited Nevada’s lack of a state income tax as a perk.
Several other high-profile stars have left Hollywood for more conservative states over the past few years. Matthew McConaughey moved his family to Texas, and Mark Wahlberg moved to Las Vegas, which he hopes to turn into “Hollywood 2.0.”"