Ok, so you think people are going to prefer to move to bad neighborhoods just to have to use poor transit in order to work meanial jobs? Yeah i bet. I also bet those elusive rich people are going to buy those overpriced buildings with no upkeep in a s***ty location because theh can put New York in their postcards
What does any of that have to do with what I said ?
We were talking about rich people
I never said anything about working class
But doesnt that not only affect people who passed the 400k threshold
Nope, that goes up for everyone. It’s pretty much 20% for everyone right now (for long term gains) .
If you trade any stocks or crypto, you’re essentially effed if that goes to 40% (more with state taxes too)
Can’t wait til I’m taxed 62%
as long as it helps people id be fine with it
but it's america so our taxes do not help us in any way whatsoever
so that is why we hate taxes
You said "young talent is moving to NYC" as if that is going to help the market when it isnt, and im telling you why it isnt. No matter if they live in the city or on the outskirts the truth of the matter is simple supply and demand. If the "rich" or upper middle class have to pay more then they won't be giving more, and those cuts start at new hires.
Tell em!
What does any of that have to do with what I said ?
We were talking about rich people
I never said anything about working class
Jesus christ, rich people arent going to just dole out free money to s*** that isnt going to make sense financially! You don't make a million being an idiot and spending it all on the first thing you see. I said in the fkn post they arent going to buy overpriced buildings and subsidize these new hires so theres NO benefit in rich people moving to NYC
Trump’s tax plan gave permanent tax cuts to the richest people in the country and temporary tax cuts to the middle class
all the tax brackets were lowered tho.
But either way they should be lower
You said "young talent is moving to NYC" as if that is going to help the market when it isnt, and im telling you why it isnt. No matter if they live in the city or on the outskirts the truth of the matter is simple supply and demand. If the "rich" or upper middle class have to pay more then they won't be giving more, and those cuts start at new hires.
I never said it was or wasn't going to help the market ?
You literally said 'there is no point for rich people to live in nyc, sf, etc'
I am telling you there are a wide variety of reasons for rich people to live there
take some adderall and stay on topic bro
another great politics thread on ktt2! great job everybody
The thread is pretty tame actually.
Imagine thinking this plan will actually pass in a Corporate House , Senate, and White House
It’s possible. Dems are probably about to win the senate and the presidency.
Jesus christ, rich people arent going to just dole out free money to s*** that isnt going to make sense financially! You don't make a million being an idiot and spending it all on the first thing you see. I said in the fkn post they arent going to buy overpriced buildings and subsidize these new hires so theres NO benefit in rich people moving to NYC
How are they dolling money out to s*** ? They are dolling money out to be competitive in their industry
If these companies are getting the best talent in cities like NYC and SF they will continue hiring people. A corporate tax increase (that isn't even as high as it was before trump) won't make all these well established corporations and companies leave.
I never said it was or wasn't going to help the market ?
You literally said 'there is no point for rich people to live in nyc, sf, etc'
I am telling you there are a wide variety of reasons for rich people to live there
take some adderall and stay on topic bro
Oh f*** off, ive already explained why your "reasons" are basuda. Fact is its much more advantages for a rich person to go to TX or an untapped market like Utah which is why those flyover states constantly make the "cities best to start business in" lists. Theres nothing in big cities to entice the rich
Oh f*** off, ive already explained why your "reasons" are basuda. Fact is its much more advantages for a rich person to go to TX or an untapped market like Utah which is why those flyover states constantly make the "cities best to start business in" lists. Theres nothing in big cities to entice the rich
Ok do you honestly believe most VCs and investors don't live in San Francisco or NYC ?
How are they dolling money out to s*** ? They are dolling money out to be competitive in their industry
If these companies are getting the best talent in cities like NYC and SF they will continue hiring people. A corporate tax increase (that isn't even as high as it was before trump) won't make all these well established corporations and companies leave.
The best talent cant AFFORD to be around those cities is what im telling you. The companies see no INVESTMENT in those cities if the cost is too high. Apple has offices in India FOR A REASON.
tryna take 62% of anyone’s money is f***in theft, idc how much they have or how much is taxed after a certain dollar amount or what. the government is not entitled to 62% of any dollar that anyone makes.
Ok do you honestly believe most VCs and investors don't live in San Francisco or NYC ?
Innovation isn’t really happening in those places anymore so yeah, it’s trending in the opposite direction. Especially in post covid world
The best talent cant AFFORD to be around those cities is what im telling you. The companies see no INVESTMENT in those cities if the cost is too high. Apple has offices in India FOR A REASON.
Tell em!
Mother f***ers acting like the US isnt losing companies left and right as is.
Mexico and china been winning.
Ok do you honestly believe most VCs and investors don't live in San Francisco or NYC ?
They wouldn't MOVE here, which is my point. They may live here already because they are granfathered in but with tax increases they are much more likely to move or never return
tryna take 62% of anyone’s money is f***in theft, idc how much they have or how much is taxed after a certain dollar amount or what. the government is not entitled to 62% of any dollar that anyone makes.
its marginal
The best talent cant AFFORD to be around those cities is what im telling you. The companies see no INVESTMENT in those cities if the cost is too high. Apple has offices in India FOR A REASON.
How do these companies see no investment but still open up more offices in NYC, like Amazon does
Yea as a single person s*** maybe if you’re smart at budgeting and in your early 20s but s*** man I can’t imagine total cash flow of under 150k in many parts of jersey if you have a family.
What part of Jersey u in if u don’t mind me asking
tryna take 62% of anyone’s money is f***in theft, idc how much they have or how much is taxed after a certain dollar amount or what. the government is not entitled to 62% of any dollar that anyone makes.
Even if was a billion dollars?
How do these companies see no investment but still open up more offices in NYC, like Amazon does
Does jeff bezos make 400k a year?
Stop talking about amazon