The coming wealth flight from Wash State
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Commies will commie until they execute you! BidenBros cheer!
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I wonder why no one takes the democrat bleating about tariffs seriously? Hard to figure
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For people with high incomes, Washington is still a low tax state relative to the other Western states outside of Alaska. I don’t think the capital gains tax moves the needle much. But I agree the estate tax is a significant consideration. And while it’s nice to see the legislation FINALLY raises the exclusion amount, after years of being stuck at about $2 million, and restores an annual inflation adjustment, these rates may well encourage the most wealthy retirees to leave.
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Be a big boy. Use your words.
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Larger estates doesn't affect 1.7 to 2 millon dollars homes? Asking for an amigo…
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Washington doesn't suck as bad as California is a hot take
Too bad it does
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But I told you Washington sucks for you. You’re pour.
Not a point in contention.
This thread is about the flight of wealth.
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California at least has prop 13 baked in from when we? were a red state. Not for a lack of dems trying to repeal it.
Los Angeles County managed to pass their mansion tax and within a year has a massive budget deficit. Total mystery.
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But back to the point, California has no estate tax. So a wealthy retiree wanting to live on the coast would weigh that factor too.
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And as an ultra progressive state why do you think that is?
