California looking at providing $600 per week to its unemployed, also a huge tax hike if you earn more than $1mm

[JustinCharge 2,397]

https://ktla.com/news/california/lawmakers-consider-creating-a-600-weekly-unemployment-benefit-for-californians/

California is looking to pay $600 per week to its unemployed once the federal payouts stop.  Also, to cover costs, they are tacking on a 1% surcharge on income over $1 million, increasing to 3% if you earn over $2 million, and increasing to 3.5% if you earn $5 million or more.

 

[supermike80 1,285]

Ah yes...good ol wealth distribution.  Fun!

[FlyinHeadlock 459]

The bigger problem is upper middle and wealthy lefties move to conservative states and start the process all over again. A never ending fvcking plague. They vote to increase taxes, non essential services and let homeless do whatever they want.

You watch, in about 5 years Austin will turn into another Portland. Elon Musk and Joe Rogan said they are enroute. God fvcking help us. TX is about to get a royal azz pounding. 

 

   
 

[LOD01 185]

6 hours ago, riversco said:

https://ktla.com/news/california/lawmakers-consider-creating-a-600-weekly-unemployment-benefit-for-californians/

California is looking to pay $600 per week to its unemployed once the federal payouts stop.  Also, to cover costs, they are tacking on a 1% surcharge on income over $1 million, increasing to 3% if you earn over $2 million, and increasing to 3.5% if you earn $5 million or more.

 

Nice. Sock it to those actors that are anti Trump.

[NorthernVike 2,080]

7 hours ago, riversco said:

https://ktla.com/news/california/lawmakers-consider-creating-a-600-weekly-unemployment-benefit-for-californians/

California is looking to pay $600 per week to its unemployed once the federal payouts stop.  Also, to cover costs, they are tacking on a 1% surcharge on income over $1 million, increasing to 3% if you earn over $2 million, and increasing to 3.5% if you earn $5 million or more.

 

I'm good with that.  Just think of the money it will cost pro athletes in that shithole of a state.   

[KSB2424 3,082]

States can do what they want, just don’t ask for Federal bailouts later.  

[Hardcore troubadour 12,624]

Good.  Very good. 

[edjr 5,556]

Trickle down my leg economics