Here I am, 3rd weekend in a row doing taxes. There's gotta be a better way. Anyone else feeling brutalized by the situation in California? 13.3% on cap gains and no federal deduction. What happened with that state tax "donation" hack proposal? I ❤️ CA but baby's high maintenance.
Conversation
Replying to
Mate you’re complaining of 13% capital gain tax? Try Australia we are taxed up to 50% on capital gains and min 25% esp it gain is large
4
11
Effective combined state + federal in California for long-term capital gains is about 38% but dang, 50% is ridiculous :(
2
11
Show replies
Well something has to back that dollar, might as well be other people's fear of being sanctioned or looted for freedom.
5
Replying to
Quote Tweet
Replying to @twobitidiot
It took me a week to do my 2017 crypto taxes and my situation was very simple. What a nightmare.
1
5
Replying to
Also:
Quote Tweet
Replying to @garrytan
Come to Seattle Y'all. Much cheaper, stunningly beautiful, growing like crazy, zero taxes. I left CA years ago and I'm so happy I did.
4
11
Do you ever have lack of sun problems?
1
6
Replying to
By far, the worst part is how they will spend your ‘contributions’ to further their fascist and racist agenda.
3
Replying to
Next year, try to calculate capital gains close to the end of the tax year and donate to offset the gains!
1
1