Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think that she doesn’t understand basic economics. Raising taxes doesn’t work - it just causes wealthy people to move to a lower tax state. See California population outflows…

False
https://www.forbes.com/sites/teresaghilarducci/2025/12/29/do-wealth-taxes-really-make-billionaires-leave/

“Cristobal Young and Charles Varner’s work using New Jersey and California tax data finds near-zero long-run migration elasticities among millionaires. Even after sizable tax increases, the number who leave is small, and the revenue gained from those who stay exceeds the revenue lost from movers.”

VA raising taxes could cause folks to move to DC or Maryland (if that’s where they’d rather be), as VA would no longer be the low-tax option in the DMV.

Why? You’re going to have to show the math on that one.

Traffic sucks. Most people choose their location based on their work location, not minor variations in tax rates.

The current maximum state + local income tax rates in the DMV are as follows:

Virginia: 5.75%
Maryland (6.5%) + Bethesda (3.2%): 9.7%
DC: 10.75%

For persons with $1M of taxable income, they pay $57,500 if they live in Virginia, $97,000 in Maryland, or $107,500 in DC. We absolutely chose to live in Virginia over DC to save the $50k in taxes (as well as to have access to in-state tuition for our kids to VA universities). If Virginia raises taxes to over 10%, we'd just move to DC and be part of the gentrification of DC.

How much do you make? How much of it is over $1m?

We make ~$2.5M HHI.

Using very simple math/accounting:
5.75% => $144k VA tax

If the legislation passes (it's not even out of committee yet BTW):
5.75% + 10% for over $1M => $208k VA tax

Are we going to move over $64k? No. That's less than 3% of our income and a fraction of what we'd pay for realtor fees to sell our house.

In reality, it'd be less than that with various deductions. And if we were going to move, it'd probably be somewhere with even more taxes.


Republican histrionics aren't based in reality.

You do you. I wasn't hypothesizing that someone would move out of Virginia to save taxes. I was hypothesizing that there are plenty of people that WORK in DC, but chose to live in VA for various reasons, one of which might have been lower taxes. I know I made this choice and the tax savings was material enough that I was willing to commute into DC. If VA eliminates the tax savings, those people may chose to move to DC to be closer to work. As someone else noted, commuting sucks.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think that she doesn’t understand basic economics. Raising taxes doesn’t work - it just causes wealthy people to move to a lower tax state. See California population outflows…

False
https://www.forbes.com/sites/teresaghilarducci/2025/12/29/do-wealth-taxes-really-make-billionaires-leave/

“Cristobal Young and Charles Varner’s work using New Jersey and California tax data finds near-zero long-run migration elasticities among millionaires. Even after sizable tax increases, the number who leave is small, and the revenue gained from those who stay exceeds the revenue lost from movers.”

VA raising taxes could cause folks to move to DC or Maryland (if that’s where they’d rather be), as VA would no longer be the low-tax option in the DMV.

Why? You’re going to have to show the math on that one.

Traffic sucks. Most people choose their location based on their work location, not minor variations in tax rates.

The current maximum state + local income tax rates in the DMV are as follows:

Virginia: 5.75%
Maryland (6.5%) + Bethesda (3.2%): 9.7%
DC: 10.75%

For persons with $1M of taxable income, they pay $57,500 if they live in Virginia, $97,000 in Maryland, or $107,500 in DC. We absolutely chose to live in Virginia over DC to save the $50k in taxes (as well as to have access to in-state tuition for our kids to VA universities). If Virginia raises taxes to over 10%, we'd just move to DC and be part of the gentrification of DC.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think that she doesn’t understand basic economics. Raising taxes doesn’t work - it just causes wealthy people to move to a lower tax state. See California population outflows…

False
https://www.forbes.com/sites/teresaghilarducci/2025/12/29/do-wealth-taxes-really-make-billionaires-leave/

“Cristobal Young and Charles Varner’s work using New Jersey and California tax data finds near-zero long-run migration elasticities among millionaires. Even after sizable tax increases, the number who leave is small, and the revenue gained from those who stay exceeds the revenue lost from movers.”

VA raising taxes could cause folks to move to DC or Maryland (if that’s where they’d rather be), as VA would no longer be the low-tax option in the DMV.

Why? You’re going to have to show the math on that one.

Traffic sucks. Most people choose their location based on their work location, not minor variations in tax rates.

The current maximum state + local income tax rates in the DMV are as follows:

Virginia: 5.75%
Maryland (6.5%) + Bethesda (3.2%): 9.7%
DC: 10.75%

For persons with $1M of taxable income, they pay $57,500 if they live in Virginia, $97,000 in Maryland, or $107,500 in DC. We absolutely chose to live in Virginia over DC to save the $50k in taxes (as well as to have access to in-state tuition for our kids to VA universities). If Virginia raises taxes to over 10%, we'd just move to DC and be part of the gentrification of DC.

How much do you make? How much of it is over $1m?

We make ~$2.5M HHI.

Using very simple math/accounting:
5.75% => $144k VA tax

If the legislation passes (it's not even out of committee yet BTW):
5.75% + 10% for over $1M => $208k VA tax

Are we going to move over $64k? No. That's less than 3% of our income and a fraction of what we'd pay for realtor fees to sell our house.

In reality, it'd be less than that with various deductions. And if we were going to move, it'd probably be somewhere with even more taxes.


Republican histrionics aren't based in reality.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think that she doesn’t understand basic economics. Raising taxes doesn’t work - it just causes wealthy people to move to a lower tax state. See California population outflows…

False
https://www.forbes.com/sites/teresaghilarducci/2025/12/29/do-wealth-taxes-really-make-billionaires-leave/

“Cristobal Young and Charles Varner’s work using New Jersey and California tax data finds near-zero long-run migration elasticities among millionaires. Even after sizable tax increases, the number who leave is small, and the revenue gained from those who stay exceeds the revenue lost from movers.”

VA raising taxes could cause folks to move to DC or Maryland (if that’s where they’d rather be), as VA would no longer be the low-tax option in the DMV.

Why? You’re going to have to show the math on that one.

Traffic sucks. Most people choose their location based on their work location, not minor variations in tax rates.

The current maximum state + local income tax rates in the DMV are as follows:

Virginia: 5.75%
Maryland (6.5%) + Bethesda (3.2%): 9.7%
DC: 10.75%

For persons with $1M of taxable income, they pay $57,500 if they live in Virginia, $97,000 in Maryland, or $107,500 in DC. We absolutely chose to live in Virginia over DC to save the $50k in taxes (as well as to have access to in-state tuition for our kids to VA universities). If Virginia raises taxes to over 10%, we'd just move to DC and be part of the gentrification of DC.

How much do you make? How much of it is over $1m?

We make ~$2.5M HHI.

Using very simple math/accounting:
5.75% => $144k VA tax

If the legislation passes (it's not even out of committee yet BTW):
5.75% + 10% for over $1M => $208k VA tax

Are we going to move over $64k? No. That's less than 3% of our income and a fraction of what we'd pay for realtor fees to sell our house.

In reality, it'd be less than that with various deductions. And if we were going to move, it'd probably be somewhere with even more taxes.


Republican histrionics aren't based in reality.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think that she doesn’t understand basic economics. Raising taxes doesn’t work - it just causes wealthy people to move to a lower tax state. See California population outflows…

False
https://www.forbes.com/sites/teresaghilarducci/2025/12/29/do-wealth-taxes-really-make-billionaires-leave/

“Cristobal Young and Charles Varner’s work using New Jersey and California tax data finds near-zero long-run migration elasticities among millionaires. Even after sizable tax increases, the number who leave is small, and the revenue gained from those who stay exceeds the revenue lost from movers.”

We are talking about the billionaire class.

Are we? Because the PP said “wealthy”, not ultra rich.

Either way, there is no evidence that this happens.

https://www.forbes.com/sites/teresaghilarducci/2025/12/29/do-wealth-taxes-really-make-billionaires-leave/

“Decades of economic research show that billionaire “flight” is rare, exaggerated, and often confused with tax avoidance through accounting maneuvers rather than physical relocation. That distinction matters. Policymakers who mistake avoidance for exit risk misdesign taxes and leave substantial revenue on the table. The proposed one-time wealth tax in California is exceptionally well-designed.”

Not a single citation in that statement to back up the claim. The article immediately switches topic to discuss the "one-time" wealth tax. If you believe this one-time nonsense, I have a bridge I want to sell you.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think that she doesn’t understand basic economics. Raising taxes doesn’t work - it just causes wealthy people to move to a lower tax state. See California population outflows…

False
https://www.forbes.com/sites/teresaghilarducci/2025/12/29/do-wealth-taxes-really-make-billionaires-leave/

“Cristobal Young and Charles Varner’s work using New Jersey and California tax data finds near-zero long-run migration elasticities among millionaires. Even after sizable tax increases, the number who leave is small, and the revenue gained from those who stay exceeds the revenue lost from movers.”

VA raising taxes could cause folks to move to DC or Maryland (if that’s where they’d rather be), as VA would no longer be the low-tax option in the DMV.

Why? You’re going to have to show the math on that one.

Traffic sucks. Most people choose their location based on their work location, not minor variations in tax rates.

The current maximum state + local income tax rates in the DMV are as follows:

Virginia: 5.75%
Maryland (6.5%) + Bethesda (3.2%): 9.7%
DC: 10.75%

For persons with $1M of taxable income, they pay $57,500 if they live in Virginia, $97,000 in Maryland, or $107,500 in DC. We absolutely chose to live in Virginia over DC to save the $50k in taxes (as well as to have access to in-state tuition for our kids to VA universities). If Virginia raises taxes to over 10%, we'd just move to DC and be part of the gentrification of DC.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think that she doesn’t understand basic economics. Raising taxes doesn’t work - it just causes wealthy people to move to a lower tax state. See California population outflows…

False
https://www.forbes.com/sites/teresaghilarducci/2025/12/29/do-wealth-taxes-really-make-billionaires-leave/

“Cristobal Young and Charles Varner’s work using New Jersey and California tax data finds near-zero long-run migration elasticities among millionaires. Even after sizable tax increases, the number who leave is small, and the revenue gained from those who stay exceeds the revenue lost from movers.”

We are talking about the billionaire class.

Are we? Because the PP said “wealthy”, not ultra rich.

Either way, there is no evidence that this happens.

https://www.forbes.com/sites/teresaghilarducci/2025/12/29/do-wealth-taxes-really-make-billionaires-leave/

“Decades of economic research show that billionaire “flight” is rare, exaggerated, and often confused with tax avoidance through accounting maneuvers rather than physical relocation. That distinction matters. Policymakers who mistake avoidance for exit risk misdesign taxes and leave substantial revenue on the table. The proposed one-time wealth tax in California is exceptionally well-designed.”

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think that she doesn’t understand basic economics. Raising taxes doesn’t work - it just causes wealthy people to move to a lower tax state. See California population outflows…

False
https://www.forbes.com/sites/teresaghilarducci/2025/12/29/do-wealth-taxes-really-make-billionaires-leave/

“Cristobal Young and Charles Varner’s work using New Jersey and California tax data finds near-zero long-run migration elasticities among millionaires. Even after sizable tax increases, the number who leave is small, and the revenue gained from those who stay exceeds the revenue lost from movers.”

VA raising taxes could cause folks to move to DC or Maryland (if that’s where they’d rather be), as VA would no longer be the low-tax option in the DMV.

Why? You’re going to have to show the math on that one.

Traffic sucks. Most people choose their location based on their work location, not minor variations in tax rates.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Youngkin was the worst governor in Virginia's post-confederate history.

It's going to take Spanberger a few years to correct course. Thankfully she's off to a wonderful start.

Virginia is behind her!

Ha ha. Sure.

As taxes increase thus increasing the cost of living and crime increases across the commonwealth, we will see just how many are still behind her.

She will be used A LOT by Republicans cautioning others not to believe the Democrat candidates when they claim to be moderates.

I'm willing to pay more taxes. Why aren't you? Why are you such a selfish twat? Why do you hate the Commonwealth, America and everything they stand for?

In some states, personal income tax can exceed 50%. That doesn't include the other taxes like property tax, sales tax etc. Income tax was only instituted around 100 years ago, and even then it was only a few percent. America did just fine the first couple hundred years without it. If you want to pay more taxes, you are always welcome to write a check to the US Treasury.

Exactly which states have personal income taxes exceeding 50%? That's laughably untrue.

Federal + state dummy. California is over 50% and several others are close.

The max one can pay in California, if making over 700k a year, is 12.3%. The corresponding max federal at that same level of income is 37%. Which combined is high but is less than 50%. But you just parrot what you hear elsewhere and can’t think for yourself.

If you count property taxes, real estate taxes, sales taxes, utility taxes, twice taxes dividends, sin taxes, luxury taxes, user fees, tolls

It's way over 50 percent for many. That governments could be running deficits with these insane income streams really shows what a sloppy, slovenly and stinky operation it runs.

So maybe the tax cuts for billionaires that drove up the deficit wasn’t a good idea?

Trump has made the economy so good that nobody goes after millionaires anymore.. everybody is a millionaire and too many votes. Envy has moved to billionaires. Thanks Trump !!!

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Youngkin was the worst governor in Virginia's post-confederate history.

It's going to take Spanberger a few years to correct course. Thankfully she's off to a wonderful start.

Virginia is behind her!

Ha ha. Sure.

As taxes increase thus increasing the cost of living and crime increases across the commonwealth, we will see just how many are still behind her.

She will be used A LOT by Republicans cautioning others not to believe the Democrat candidates when they claim to be moderates.

I'm willing to pay more taxes. Why aren't you? Why are you such a selfish twat? Why do you hate the Commonwealth, America and everything they stand for?

In some states, personal income tax can exceed 50%. That doesn't include the other taxes like property tax, sales tax etc. Income tax was only instituted around 100 years ago, and even then it was only a few percent. America did just fine the first couple hundred years without it. If you want to pay more taxes, you are always welcome to write a check to the US Treasury.

Exactly which states have personal income taxes exceeding 50%? That's laughably untrue.

Federal + state dummy. California is over 50% and several others are close.

The max one can pay in California, if making over 700k a year, is 12.3%. The corresponding max federal at that same level of income is 37%. Which combined is high but is less than 50%. But you just parrot what you hear elsewhere and can’t think for yourself.

If you count property taxes, real estate taxes, sales taxes, utility taxes, twice taxes dividends, sin taxes, luxury taxes, user fees, tolls

It's way over 50 percent for many. That governments could be running deficits with these insane income streams really shows what a sloppy, slovenly and stinky operation it runs.

So maybe the tax cuts for billionaires that drove up the deficit wasn’t a good idea?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Youngkin was the worst governor in Virginia's post-confederate history.

It's going to take Spanberger a few years to correct course. Thankfully she's off to a wonderful start.

Virginia is behind her!

Ha ha. Sure.

As taxes increase thus increasing the cost of living and crime increases across the commonwealth, we will see just how many are still behind her.

She will be used A LOT by Republicans cautioning others not to believe the Democrat candidates when they claim to be moderates.

I'm willing to pay more taxes. Why aren't you? Why are you such a selfish twat? Why do you hate the Commonwealth, America and everything they stand for?

In some states, personal income tax can exceed 50%. That doesn't include the other taxes like property tax, sales tax etc. Income tax was only instituted around 100 years ago, and even then it was only a few percent. America did just fine the first couple hundred years without it. If you want to pay more taxes, you are always welcome to write a check to the US Treasury.

Exactly which states have personal income taxes exceeding 50%? That's laughably untrue.

Federal + state dummy. California is over 50% and several others are close.

The max one can pay in California, if making over 700k a year, is 12.3%. The corresponding max federal at that same level of income is 37%. Which combined is high but is less than 50%. But you just parrot what you hear elsewhere and can’t think for yourself.

If you count property taxes, real estate taxes, sales taxes, utility taxes, twice taxes dividends, sin taxes, luxury taxes, user fees, tolls

It's way over 50 percent for many. That governments could be running deficits with these insane income streams really shows what a sloppy, slovenly and stinky operation it runs.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think that she doesn’t understand basic economics. Raising taxes doesn’t work - it just causes wealthy people to move to a lower tax state. See California population outflows…

False
https://www.forbes.com/sites/teresaghilarducci/2025/12/29/do-wealth-taxes-really-make-billionaires-leave/

“Cristobal Young and Charles Varner’s work using New Jersey and California tax data finds near-zero long-run migration elasticities among millionaires. Even after sizable tax increases, the number who leave is small, and the revenue gained from those who stay exceeds the revenue lost from movers.”

We are talking about the billionaire class.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Youngkin was the worst governor in Virginia's post-confederate history.

It's going to take Spanberger a few years to correct course. Thankfully she's off to a wonderful start.

Virginia is behind her!

Ha ha. Sure.

As taxes increase thus increasing the cost of living and crime increases across the commonwealth, we will see just how many are still behind her.

She will be used A LOT by Republicans cautioning others not to believe the Democrat candidates when they claim to be moderates.

I'm willing to pay more taxes. Why aren't you? Why are you such a selfish twat? Why do you hate the Commonwealth, America and everything they stand for?

In some states, personal income tax can exceed 50%. That doesn't include the other taxes like property tax, sales tax etc. Income tax was only instituted around 100 years ago, and even then it was only a few percent. America did just fine the first couple hundred years without it. If you want to pay more taxes, you are always welcome to write a check to the US Treasury.

Exactly which states have personal income taxes exceeding 50%? That's laughably untrue.

Federal + state dummy. California is over 50% and several others are close.

The max one can pay in California, if making over 700k a year, is 12.3%. The corresponding max federal at that same level of income is 37%. Which combined is high but is less than 50%. But you just parrot what you hear elsewhere and can’t think for yourself.