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WarGamer

(18,344 posts)

1. Thursday

Reply to WarGamer (Original post)

Wed Jan 18, 2023, 12:51 AM

Jan 2023

Sponsors told The Washington Post that they will introduce their bills on Thursday in California, Connecticut, Hawaii, Illinois, Maryland, New York and Washington, and shared the text of their draft bills.

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Frustrated with Fed inaction... 7 Blue States to introduce State Wealth Tax legislation. [View all] WarGamer Jan 2023 OP

Thursday WarGamer Jan 2023 #1

So they "move" to secondary residences and claim them as primary residences. live love laugh Jan 2023 #2

I'm sure the legislators anticipated that and wrote rules spooky3 Jan 2023 #3

States cannot impose tax laws on residents of other States. brooklynite Jan 2023 #14

I didn't say that they did. I provided an example of how this problem spooky3 Jan 2023 #15

You presented an example of what the FEDERAL GOVERNMENT can do... brooklynite Jan 2023 #17

I said that the problem of DEFINING A PRIMARY RESIDENCE spooky3 Jan 2023 #18

It is the more likely oiutcome if this State-level wealth tax is applied. brooklynite Jan 2023 #19

They've thought of that WarGamer Jan 2023 #4

How would California expect to continue taxing wealth on people that no longer live there? MichMan Jan 2023 #11

If they don't pay, sue them? WarGamer Jan 2023 #12

It won't work without capital controls between these states and the others w/o same tax. roamer65 Jan 2023 #5

Income taxes are a TERRIBLE way to tax the rich. WarGamer Jan 2023 #6

Yeah, too many loopholes to exploit and no will in Congress to close them...nt Wounded Bear Jan 2023 #10

Define wealth in a Blue State... brooklynite Jan 2023 #16

I feel like all the previous replies were in Greek. BigmanPigman Jan 2023 #7

It's not really "hoarded money" lostnfound Jan 2023 #8

The rich are the ones that bring up "state's rights" so often. GoodRaisin Jan 2023 #9

And it won't pay in any of the seven States... brooklynite Jan 2023 #13