skulblaka

She’s 78 and not only checks her email but maintains a WordPress? She is more tech savvy than anyone else her age. Give gramma some credit here.

Antiques? What, like inherited wealth?

Hahaha haha!

The oldest thing I own is my car from 2005

Thing is if they do that there and we don’t do it everywhere at once, the corporations will just move their operations to some other state with a better tax rate and then LA is left with nobody to employ their citizens.

I want to be very clear that I’m not condoning this but the reason this continues so readily is because this keeps the corporations operating in their area. A little bit of tit for tat and money under the table ensures that the labor pool in your area stays employed, at a bit of cost to the people’s well being and the federal coffers. If you just crank up the business tax rates suddenly then within 5 years all the big businesses will be gone. That might be a good thing long term but it’s going to be a very very bad thing short term.

Allowing states to dictate their own tax rates was a trap that we walked fully into and now I don’t see a way out of it without discarding that and taking over control of that federally. Which is something that will never ever fly in American politics.