Notices
997 Forum 2005-2012
Sponsored by:
Sponsored by:

Economist - End of the Combustion Engine

Thread Tools
 
Search this Thread
 
Old 08-27-2017, 08:45 PM
  #31  
KNS
Three Wheelin'
 
KNS's Avatar
 
Join Date: Aug 2010
Posts: 1,545
Received 38 Likes on 27 Posts
Default

Originally Posted by SoCal C2S
There is now talk in CA that if you are retired and move out of CA you will still be tagged with CA income tax...they now see there problem.
I'm amazed that California hasn't done this already. It's staggering the amount of money (and spending power) that leave the state every year with retirees.
Old 08-27-2017, 09:22 PM
  #32  
Tcc1999
Three Wheelin'
 
Tcc1999's Avatar
 
Join Date: Mar 2009
Location: Napa Valley, CA
Posts: 1,722
Received 73 Likes on 44 Posts
Default

Originally Posted by SoCal C2S
Great spenders of other people's money.....that's the CA way. Until someone realizes that the people with money will move. There is now talk in CA that if you are retired and move out of CA you will still be tagged with CA income tax...they now see there problem....but they seem to not see the will of the people (with money).
Oh c'mon, you're either making this up or not including all the salient facts. Of course the state the retiree moves to would gladly give up the tax on capital gains or regular income so CA can suck it into the Black Hole that Sacto is. What is more likely is that CA will become more rigid in applying how many days you may come here before you'll be considered a resident for purposes of taxation. Funny how government is generally inefficient in everything except collecting taxes.

Oh, and the money and spending power is a zero sum equation. What is CA's "loss" is another states "gain".
Old 08-27-2017, 09:44 PM
  #33  
mchrono
Three Wheelin'
 
mchrono's Avatar
 
Join Date: Jul 2017
Posts: 1,282
Received 425 Likes on 265 Posts
Default

Originally Posted by Tcc1999
.......What is CA's "loss" is another states "gain".
and here is where it goes:

http://www.howmoneywalks.com/irs-tax-migration/
Old 08-27-2017, 10:19 PM
  #34  
Edgy01
Poseur
Rennlist Member
 
Edgy01's Avatar
 
Join Date: Nov 2005
Location: Santa Barbara, CA
Posts: 17,699
Received 235 Likes on 128 Posts
Default

Originally Posted by Bruce In Philly
Really cool news commentary..... you may need a subscription to read it but I think the magazine allows x-number of free accesses... So here goes...

https://www.economist.com/news/leade...ed-world-death

Peace
Bruce in Philly

Final paragraphs from the piece:

The internal combustion engine has had a good run—and could still dominate shipping and aviation for decades to come. But on land electric motors will soon offer freedom and convenience more cheaply and cleanly. As the switch to electric cars reverses the trend in the rich world towards falling electricity consumption, policymakers will need to help, by ensuring that there is enough generating capacity—in spite of many countries’ broken system of regulation. They may need to be the midwives to new rules and standards for public recharging stations, and the recycling of batteries, rare-earth motors and other components in “urban mines”. And they will have to cope with the turmoil as old factory jobs disappear.

Driverless electric cars in the 21st century are likely to improve the world in profound and unexpected ways, just as vehicles powered by internal combustion engines did in the 20th. But it will be a bumpy road. Buckle up.
The Economist also suggests the end of our money system globally will occur in 2018.
Old 08-28-2017, 12:14 AM
  #35  
SoCal C2S
Three Wheelin'
 
SoCal C2S's Avatar
 
Join Date: Sep 2014
Location: Kalifornistan for now....
Posts: 1,469
Received 130 Likes on 88 Posts
Default

Originally Posted by Tcc1999
Oh c'mon, you're either making this up or not including all the salient facts.
Need to put the wine bottle down for just a minute and read the public records from the state senate debates....it's in the single payer health care bill passed a few weeks ago along with many other "fees" they are looking to tag onto the CA people. Somebody has to pay the $200B for free health care.

Wish I was just dreaming this up but no joy....
Old 08-28-2017, 12:15 AM
  #36  
SoCal C2S
Three Wheelin'
 
SoCal C2S's Avatar
 
Join Date: Sep 2014
Location: Kalifornistan for now....
Posts: 1,469
Received 130 Likes on 88 Posts
Default

Originally Posted by mchrono
Thanks for the bit of reality that is CA...
Old 08-28-2017, 02:03 AM
  #37  
Austin997.2
Burning Brakes
 
Austin997.2's Avatar
 
Join Date: Sep 2014
Location: Texas
Posts: 992
Received 52 Likes on 36 Posts
Default

Originally Posted by SoCal C2S
Need to put the wine bottle down for just a minute and read the public records from the state senate debates....it's in the single payer health care bill passed a few weeks ago along with many other "fees" they are looking to tag onto the CA people. Somebody has to pay the $200B for free health care.

Wish I was just dreaming this up but no joy....
Wait someone has to pay for "free healthcare" it's not just free? So confused.
Old 08-28-2017, 08:47 AM
  #38  
DC911S
Drifting
 
DC911S's Avatar
 
Join Date: Oct 2014
Posts: 2,646
Received 231 Likes on 142 Posts
Default

Wait someone has to pay for "free healthcare" it's not just free? So confused.
We all pay for "free" healthcare when people with little or no coverage go to the ER for treatment (and they can't be turned away) for little or major issues, we all get increases in premiums to pay for it. Or some fat harley or biker dumps his bike not wearing a helmet and scrambles his brains, at 10 MPH. Just like we pay for people that build fancy homes on barrier islands, flood zones, and other places where sooner or later.... they get wiped out. Spreading risk over a larger pool, is what it's bout,,,that and the CEO's of Aetna, Blue Cross, Humma and others getting 25 million per year salaries.
Old 08-28-2017, 05:00 PM
  #39  
Iceter
Drifting
 
Iceter's Avatar
 
Join Date: Feb 2012
Location: Raleigh, North Carolina
Posts: 2,612
Received 413 Likes on 243 Posts
Default

Originally Posted by DC911S
We all pay for "free" healthcare when people with little or no coverage go to the ER for treatment (and they can't be turned away) for little or major issues, we all get increases in premiums to pay for it. Or some fat harley or biker dumps his bike not wearing a helmet and scrambles his brains, at 10 MPH. Just like we pay for people that build fancy homes on barrier islands, flood zones, and other places where sooner or later.... they get wiped out. Spreading risk over a larger pool, is what it's bout,,,that and the CEO's of Aetna, Blue Cross, Humma and others getting 25 million per year salaries.
That's the line used by proponents of single-payer medical care to explain how it's better than the current setup. By this logic, if we pay for these people through our taxes, as in the current scheme, then our premiums would be reduced, as those without healthcare are now paid for by us, via the government through our taxes. Yet our premiums go up under the new scheme.

So, if my taxes go up AND my medical insurance premiums go up, where is my money going?

Another curiosity that belongs in Ripley's Believe it or Not...the people that leave California and the Northeast in search of a lifestyle with lower regulation and taxation and a slower pace of life? Those people move but continue to vote as they did when they lived in those blue strongholds. They don't seem to make the connection between their voting habits and the high taxation and onerous governmental oversight they so desperately wish to avoid. The cognitive dissonance is strong with them.
Old 08-28-2017, 06:03 PM
  #40  
ADias
Nordschleife Master
 
ADias's Avatar
 
Join Date: Mar 2004
Location: Southwest
Posts: 8,309
Received 397 Likes on 271 Posts
Default

Originally Posted by Iceter
...
Another curiosity that belongs in Ripley's Believe it or Not...the people that leave California and the Northeast in search of a lifestyle with lower regulation and taxation and a slower pace of life? Those people move but continue to vote as they did when they lived in those blue strongholds. They don't seem to make the connection between their voting habits and the high taxation and onerous governmental oversight they so desperately wish to avoid. The cognitive dissonance is strong with them.

Spot on! Same for recent immigration fleeing failed socialist economies.
Old 08-28-2017, 06:14 PM
  #41  
Austin997.2
Burning Brakes
 
Austin997.2's Avatar
 
Join Date: Sep 2014
Location: Texas
Posts: 992
Received 52 Likes on 36 Posts
Default

Originally Posted by Iceter
That's the line used by proponents of single-payer medical care to explain how it's better than the current setup. By this logic, if we pay for these people through our taxes, as in the current scheme, then our premiums would be reduced, as those without healthcare are now paid for by us, via the government through our taxes. Yet our premiums go up under the new scheme.

So, if my taxes go up AND my medical insurance premiums go up, where is my money going?

Another curiosity that belongs in Ripley's Believe it or Not...the people that leave California and the Northeast in search of a lifestyle with lower regulation and taxation and a slower pace of life? Those people move but continue to vote as they did when they lived in those blue strongholds. They don't seem to make the connection between their voting habits and the high taxation and onerous governmental oversight they so desperately wish to avoid. The cognitive dissonance is strong with them.
Bingo, you nailed it.
Old 08-28-2017, 06:17 PM
  #42  
Austin997.2
Burning Brakes
 
Austin997.2's Avatar
 
Join Date: Sep 2014
Location: Texas
Posts: 992
Received 52 Likes on 36 Posts
Default

Originally Posted by ADias
Spot on! Same for recent immigration fleeing failed socialist economies.
Another bingo. This lady Gloria Alvarez nails it in this video:
Old 08-28-2017, 07:30 PM
  #43  
DC911S
Drifting
 
DC911S's Avatar
 
Join Date: Oct 2014
Posts: 2,646
Received 231 Likes on 142 Posts
Default

Blah blah blah.....if your so called Red States are so great with low taxes and no regulations then why do they have the lowest GDP and incomes while having bad roads, huge opoiad deaths, and failing schools. Just look at Oklahoma and louisiana as examples of this. Add in Kansas too. Blue states keep the red states afloat since we send in far more tax dollars to the treasury than they do.
Old 08-28-2017, 07:44 PM
  #44  
mchrono
Three Wheelin'
 
mchrono's Avatar
 
Join Date: Jul 2017
Posts: 1,282
Received 425 Likes on 265 Posts
Default

Originally Posted by DC911S
Blah blah blah.....if your so called Red States are so great with low taxes and no regulations then why do they have the lowest GDP and incomes while having bad roads, huge opoiad deaths, and failing schools. Just look at Oklahoma and louisiana as examples of this. Add in Kansas too. Blue states keep the red states afloat since we send in far more tax dollars to the treasury than they do.
And here we go! The popcorn is out!
Old 08-28-2017, 08:55 PM
  #45  
Austin997.2
Burning Brakes
 
Austin997.2's Avatar
 
Join Date: Sep 2014
Location: Texas
Posts: 992
Received 52 Likes on 36 Posts
Default

Originally Posted by mchrono
And here we go! The popcorn is out!
😂😂 My wife brought home some Garrett's popcorn that she got from the Chicago airport, score


Quick Reply: Economist - End of the Combustion Engine



All times are GMT -3. The time now is 08:14 PM.