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Xtrackers California Municipal Bonds ETF
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We are 5y to 10y away from global EV adoption mandate deadlines (EU, CA, US). Is now a good time to be bullish on lithium stocks while they’re cheap?
Foraco International $FRACF (otc) or $FAR (tsx): Drilling Services
Reddit Wins Lawsuit Over WallStreetBets Subreddit
On what time scale will Waymo's success affect Alphabet's earnings
The $X Project migrates into a new CA with 8,775 holders! How far do you think it'll go?
**BioLargo: The Rising Star in CleanTech with Blockbuster Success POOPH, Exciting Subsidiaries, and Game-Changing Developments**
VONSPEED the Viral TikTok Cat is on Solana
Where should I keep my savings for a house down payment? High tax bracket in CA.
Clean Vision Corporation’s Subsidiary, Clean-Seas Partners UK Ltd, Successfully Receives ESG Second-Party-Opinion for Its Green Bonds From ISS ESG
Bullet Blockchain Announces Preliminary Fourth Quarter Revenue Results and Comments on 2024 Outlook
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If you're ignorant enough to think there's such a thing as the "rental market" when you have such incredible disparities between places like Austin TX and Manhattan NY/Orange County CA then there's little you could ever say regarding this entire topic that could be taken seriously by anyone.
That is a CA political problem. Who wants to spend millions of dollars on a house when the city is looking like a slum. Remember when Xi visited and the clean|d up the streets. San Fran used to be an awesome town to visit, now downtown feels sketchy. I think this is a local problem in one of the most expensive housing markets in the world. People are leaving CA.
That’s why Dems should explain this as the “Trump Federal Sales Tax”, as in this case, Trump is imposing a minimum 10% tax that only gets passed along to consumers. Unlike other counties (eg UK with their VAT), US doesn’t have a Federal sales tax. Instead, 45 States impose a State and local sales tax (in LA, CA we pay a 9.75% sales tax, 6% going to State and 3.75% to City of LA). DT’s goals is to #MakeTariffsGreatAgain, but relying on tariffs so he can justify cutting income taxes, esp for elite 1%ers like him. The Trump tax bill passed in 12/17 is set to expire at the end of 2025, so he’s hoping to expand on elite tax cuts and reverting US to raising revenue by tariffs. This is a HORRIBLE idea, as all sales taxes (including tariffs) are what economists call a “regressive tax”, disproportionately effecting the non-billionaire classes who pay for groceries, etc (to elites like Elon, spending $200 more on an item imported from China). And since groceries aren’t subject to State and local sales taxes, US consumers will pay more for foods imported from Mexico and Canada. The guy who ran on inflation & costs of eggs is raising prices on everything, a fast-talking conman who’s trying to pull a fast one (and sadly, most Americans don’t even understand how their Govt works, so won’t notice until they pay more at the cash register).
You may be right!!! I just saw today that 98.6% of meme coins were fraudulent which means that very few are legit plays. From what I’ve seen on DEX $HWRD looks for real but who knows? Stocks with Josh was doing a series back in November called how to turn $1,000 into $100,000 in reference to early entries into meme projects and he was referring to a what if scenario with Pepe. Anyway, today was wild! Good luck brother! Just in case bag??? CA-57i93omgy6uosbJJGgN1QSdovAPxmcXuonPi7ik3pump
Plenty of people who leave CA don't sell and just rent it out for that reason. Makes no sense to sell at 2.8% rate
a 4k SqFt lot in SanFran costs [1 million](https://www.zillow.com/homedetails/3678-Market-St-San-Francisco-CA-94131/184732868_zpid/). You aren't going to build anything affordable in that in that location as a construction company. Once you lower the value of the land, everything else can follow.
Continued struggles at Cannabist in Q1, as low margins and a contracting top-line continued. Asset sales and debt extensions (at the cost of severe dilution) are keeping the company alive for now (and to their credit, decent OpEx reductions), but no indication yet of improved operating results that would provide an inflection towards positive cash flow. Re-investment in the business is minimal, with no new market catalysts visible in 2025. Full review: **Revenue:** QoQ: $96.1M to $87.4M / $122.6M to $87.4M *Down 9.1% QoQ and 28.7% YoY, short of consensus ($89). A good chunk of this due to asset sales (FL/VA/AZ) with more expected in IL/CA/FL, but price compression weighing on results as well.* **Adjusted EBITDA:** QoQ: $7.0M to $8.3M / YoY: $15.3M to $8.3M *Up slightly sequentially but down 46% from last year, with margin 9.5% in Q1, up from 7.2% in Q4 but down from 12.5% last year. This was slightly above consensus ($7M), but there was $18.2M in adjustments in this figure so honestly hard to give it much weight.* **Gross Margins:** QoQ: 35.3% to 35.7% / YoY: 38.9% to 35.7% *\~Flat sequentially and down from last year at a poor level.* **Operating Expenses:** QoQ: $47.8M to $37.4M / YoY: $53.3M to $37.4M *Solid cost controls, aided by asset sales. Much needed given top-line declines but still well ahead of gross profit so operating income remains negative even before interest and taxes.* **Operational Cash Flow:** QoQ: $4.3M to -$15.2M / YoY: -$6.2M to -$15.2M *Burning cash quick even while not paying 280e. Some of this decline was due to a paydown in accounts payable but cash flow generation remains a serious issue for a company with a leveraged balance sheet. CapEx was just $2M in the quarter. Tax-adjusted OCF was -$17.2M in Q1 compared to -$15.1M last year.* **Cash:** QoQ: $31.5M to $18.9M / YoY: $48.0M to $18.9M *Negative OCF and CapEx spend was modestly offset by asset sale proceeds. More proceeds are set to come ($31.4M in assets held for sale per the balance sheet), but won't last long with ongoing cash burn. Debt stands at $302.6M and income tax payable at $88.8M.*
This is such an oft-repeated myth. 55+ yos. get to carry over existing tax basis when they downsize in CA.
For every one having a hard on over the trade deal with UK, the state of California has a larger economy than our English friends. **CA GDP = $4 trillion vs UK GDP = $2.9 trillion. **
. If you are a certain age you can keep your interest rate on your primary residence if move in CA.
Yeah this is why we see many homes sized for families inhabited by one old person for decades, especially in CA. You can play on emotions all you want, that system is absolutely crushing the younger generations and society in general.
Except CA property tax doesn’t increase with the price of your home so tons of people are paying 1k a year on their 3 million dollar home.
You don't know that! I don't actually think it will either. But I do believe we'll be paying around 30% more for essentials . Basically, the cost of living is already crazy high here in CA . Will be even worse. It costs about 3k just a month just to wake up and breathe air around here. That is not counting gas and phone and food and insurance and per food and toilet paper and everything else! There are millions of people who are just making ends meet . I'm just making rent each month and just barely have enough money to feed the kids. Those family's will potentially lose their homes and not be able to fix their car when it breaks down and shit. If you have extra money in the bank and house is paid off and make at least 65k a year with a partner who also works. Then sure! It's no big deal if Trump crashes the economy for a couple of years . You have absolutely no idea what you're talking about!
Yes and no. Yes, by signing up deals with China‘s neighbors (in essence ushering them into our sphere of influence), we \*potentially\* have more leverage over China to come to the table and strike a deal with us. But no those countries, individually, don’t affect us as much as China itself. In 2019, the ports in LB/LA collectively brought in some $380ish billion of trade value to the US. That’s only two ports (there are more in CA and WA). Those ships are overly represented by the Chinese. Of course, I’m not minimizing the importance of India or Japan because they are our allies and can assist us in easing off our dependence on China to where, one day, we no longer depend on China. But that takes time and heavy financial investment, something we don’t immediately have. So, we have to get China to the negotiating table asap because at the end of the day, the Chinese can “eat bitterness” but your average American can’t. Heres an interesting factoid: in 2015, President Obama had to intervene due to a longshoreman strike in both ports because the US was losing billions of dollars a day.
What to do if my job does not offer a 401k ? Can I open my own in CA ? lol ROTH IRA no ? And if so who is a solid choice ?
It's based on the below. Harris, as AG, actually originally sought to block the care for inmates. She lost the case, and the court found that the state was required to do so. So it illustrates the exact opposite of what the commercial implies, but plenty or morons still fell for it. Copying from another comment I wrote... >The only time she's overseen such a policy is as her time as AG in California, in which the State originally denied access to gender affirming care to those transitioning, and lost the case. **She was originally trying to block the provision of this care.** After losing, CA then supported the care, and **twenty \[20\] people have received gender affirming care as of 2023**. >Turns out that if you detain people, you also are obligated to provide them with medical care using taxpayer funds. Like it or not, inmates have convinced the courts that this medical procedure is necessary and warranted and Harris then carried out this policy to a very limited degree. >There's **no record of gender affirming care being provided to immigrant detainees** that I can find, nor can I find Harris's support for such a position. >I hope that helps to clarify. Even if you still dislike it, it doesn't sound nearly as dramatic when placed within proper context. >[https://www.factcheck.org/2024/10/harris-position-on-health-care-for-transgender-prisoners-and-detainees/](https://www.factcheck.org/2024/10/harris-position-on-health-care-for-transgender-prisoners-and-detainees/)
Just saw it but yesterday 🥭 and pm of CA was talking and he said america doesnt do much business with CA, which the PM then immediately cuts his knees and say they are the largest client of the US
I have to stop drinking because of liver issues and I just passed the CA bar. No idea how to celebrate without booze- I’m Irish.
https://youtu.be/CA_0rWc-mZg?si=8dTIyeI20JsoEVZc
Yes. California prices haven't been impacted much by the cost of insurance yet mainly because housing supply is extremely constricted due to low building rates. The cost of insurance also hasn't impacted prices much since 1) the FAIR plan is effectively subsidizing home owners by constantly under charging rates and 2) existing CA home owners tend to be wealthier and can more easily absorb the cost of insurance and 3) the department of insurance in California has been slow to approve rate increase filings, which has also kept prices low. CA is basically in the early stages of a crisis (where FL was like 6-7 years ago).
I’m sure you guys have seen it by now but trucking volumes out of CA are falling off a cliff due to lack of shipping containers coming in from China. I work in logistics and I’m just trying to warn you guys. The recession is here, it’s just a matter of who knows it or not.  Retail being the sole buyer of this rally is surely going to end well…. Right? Right guys? 
This morning, from Ontario, CA to Tuscaloosa, AL
If a propagandized Chinese movie about Xi Jinping done in full mandarin not employing a single SAG actor is produced in San Gabriel, CA, would a tarriff apply?
Ah going in person or changing your address to CA is virtually impossible
I don’t understand their reasoning for this, but the good news is I’m pretty confident they couldn’t explain it to anyone either. This really pisses me off. I’m not a huge movie person, or Netflix person, but it is blatantly clear that he is targeting blue states with this one. Netflix is headquartered in CA. Hulu is headquartered in CA. Disney is headquartered in CA. The overwhelming majority of US domestic movies and film companies are headquartered in and film in either CA, NY or IL. He is targeting blue state jobs with this tariff. Unless he comes up with a reason that actually makes sense, because to my understanding most foreign films do not do well in the US anyway, he is also charging US film makers more for filming globally and people will lose jobs over this. What part of “film tariffs,” where the US absolutely dominates the global markets, constitute a national emergency anyway?
No movies are made in the US anymore bc CA and LA county taxes are stupidly high for the movie industry. So everyone goes to Vancouver and Malta. Idk 🥭 is wild
🥭 fucked over OPEC during his last term, they fucked back and a refinery in CA went bust. Another one somewhere is running on half speed. + US oil production is low af right now, apparently you need steel for drill rigs, who knew right? 🥭 sure as shit didn't tariffs on steel like 50%. Gas 🌛 your $ ⬇️
It’s called Planned Obsolescence. Patrick J Wright made reference to it in his book, On a Clear Day You Can See General Motors (about John Delorean), a fire station in Livermore, CA has a still-burning Centennial light bulb (built with robust glass and filament) that was installed in 1901❗️ Yes, 1901 and still burning 24-hours❗️ Other German glass manufacturers told the old company that they were stupid to produce such a durable product; their sales could increase with a lesser quality built bulb. The Tucker movie, 1988, starring Jeff Bridges, showed how a car built in the 1940s could still be operating for decades. There is a Tucker owners car club in existence today. Don’t forget the story of Boeing’s cabin door blowout in January of 2024, with luggage being ejected into the stratosphere loaded with designer clothing, grandma’s photos and brand new $350 passports. The buying public has been duped for a century-US products can be manufactured and sold here. Ford and GM plants were magically retooled during the Covid years to produce hospital ventilators and PPE equipment in vast numbers. Planned Obsolescence has groomed the eagerly buying public a short bill of goods and a list of frequent calling-in-sick assembly workers and overpaid management looking at their employee shtick options while only looking at P/E ratios and major stock holder returns. Someone needs to put their big leather boot way up there where the sun doesn’t shine.
It only covered 38%-50% in 2024, but that's because most CA or MX products traded under MFN status anyway and didn't face tariffs. Making them USMCA-compliant is just filling out additional forms that weren't necessary before. After the exception was enacted, both the [MX](https://www.reuters.com/world/americas/tariff-chaos-could-push-mexico-into-technical-recession-2025-03-11/) and [CA](https://www.morningstar.com/news/dow-jones/202503076995/canada-expects-nearly-all-us-exports-to-be-usmca-compliant) governments have said the majority of their products can and will be USMCA compliant.
Idiot like this is why tariffs and Trump exist. JP has an effective tariff rate of 1% with the US, but gets charged 40% now? EU is only 3.5% VN is only 1.5%. CA and MX? Free trade agreement. No one cheated America. The US has the largest trading surplus in world in terms of services. America is actually the one cheating on the world with its historical low tariff and massive free trade agreement with all the big countries. The irony right? Many countries destroy their environment and human labor to ship to America and sell for 1000% higher than their local economy. America has been winning for hundreds of years. Until idiot like you came alone and able to vote.
"RKLB is a solid company. It’s from my city. Long Beach, CA" You said it's from my city, implying it originated there. Hence the other commenter also pointing out that they are from New Zealand.
It’s in Long Beach, CA is it not?
CA is a non-recourse state. You can walk away from the loan if it was the purchase loan. The house is the only asset that’s collateral against the loan. Foreclosures and bankruptcies both take 7 years to fall off, but one is worse for you *during* that 7 year period than the other.
I’m not in a jam lol. I do extremely well. However, look at the disparity gap. It has widened tremendously. I grew up in CA the gap there was always bad but now it’s estimated only 16% of people can afford to buy a home in California. If you don’t see the problem with this I don’t know what to tell you.
Its headquarters are in Long Beach CA
That’s killer man, you’re only a couple years older than me but doing significantly better- can I ask what state you live in with what careers? Just curious as I’m in Bay Area, CA- working a technical job but nowhere near 200k
Glass House is going to own the legal CA market as the increased tax burden continues to weed out the weaker higher cost producers.
>Some recommended [Bogleheads.org](http://Bogleheads.org) but I did not see the advice section anywhere, just forums. https://www.bogleheads.org/wiki/Main_Page >My objective is to get set up for retirement. I will not be filing for social security until 70, which will only be $1427 before taxes (not sure if CA taxes SS). I need to have a balanced portfolio with a good asset allocation that IMHO includes more than the average International Small-Mid Cap investments. That doesn't sound like a need to me. A need would be something like "my $x needs to become $y for me to retire". Start with that, because that will determine how much risk you need to take on, which will eventually lead to decisions about specific investments.
Also the tariff talk begun in Feb for CA and Mexico and only in April for everything, so not even going to be in Q1
I'm not an expert, but i heard something about us needing Potash to grow our crops and we currently get 95% from Canada. We dumped out the reservoirs in CA(the largest agricultural state), and are deporting the help that picks the food. I hear their might be a surplus of soybeans, though... I guess we'll have to see. Hope we don't have another hot and dry season.
CA- paying $9.99 for dozen eggs. And $5.60 for gas.
RKLB is a solid company. It’s from my city. Long Beach, CA
A McGriddle cost roughly $9 in CA. No combo
Ok, thanks a lot for clarification. Btw, can you suggest some youtube channel for US stocks market providing knowledge like "CA rachana ranade" channel is for indian stock market. And, free website like [screener.com](http://screener.com)
Checking in from the Bay Area CA, $4.45 to $5.10 for 87 here
It’s that cheap in like 35+ states. Now in CA we get a special kind of fucking
CA has high gas taxes. When they quote low gas prices, it will never be from California.
We bought a house (3BR/2BA & 1666sf) in Encinitas, CA. in 1983 for $85,500 & lived in it for alomost 12 years. Today it is valued at around $1.5MM & rents for $3850/month. Kids are a costly trade-off & if one of you choose to a stay at home parent until they all enter elementary school, the household income is cut in half. We have visited all 50 states & 6 out of the 7 continents. Best Wishes!
Lol where else is Japan gonna get bulk of its revenue? EU, which is protectionist? CA which has tons of tax? Other East Asia, which directly competes with them? Middle East lmao?
It took 6 years for transcontinental railroad to be completed in 1800’s. According to new CEO of Rail, he said CA high-speed rail won’t be done until 2045. 💀
I had to go to McDonalds on the drive from CO to CA a few months back. It was the only thing open that early. I haven't gone in like 15+ years. I was amazed by: 1. how automated it was 2. how unimpressive the food was. The US is now The Bad Place... I was living in SE Asia and it's 100x better to live there frankly. The only downside is the pollution, frankly. The US has amazing air quality.
Red states are low income and high crime. CA blows them out of the water, and isn't even the top blue state.
Gotta love that West coast progression, thats why 1/2 of CA has dumped into TX the last 10 years. More forward thinking..
Moving a large portion to SGOV instead of a HYSA (mostly state tax free in CA and some other states). I think recession is coming.
I have no idea TBH. If it's a perfect kinda storm and the administration keeps making missteps over and over + lag time in employment and consumer data could see a cascading event where less money to spend + higher prices + tariffs + higher unemployment + Fed might be stuck between a rock and a hard place because of their dual mandate. Could see COVID like correction. Or this Admin just declares victory and scales back a lot of this tariff and CA/Greenland invading Iran nonsense, and all the capital that's been sitting on the sidelines waiting for tax cuts, deregulations, IPOs, and MAs goes BOOM! -- the market just the moons. 🤷♂️
I’m back in from 30% cash high to ride the wave. I’meaching out for companies that have good strategies to deal with Trump or capitalize on lower spending power. So far BRK.b, DOL.to, L.to, and CA/EU index (for dollar Risk) is my next 1-3 months. Trump is softening (AKA getting his asskicked), i don’t see as much risk as before.
Its not exclusive to McDonald's, but pretty much everywhere you have to use the app to get a reasonably priced meal. I know there is a good amount of the population though who would not even consider using the app though for their own reasons. For what its worth, in my area I do find mcdonalds to still be the cheapest option day to day when factoring in the app discounts. I can get a meal under $12 at McDonalds here but I do know they do have different pricing based on where its located, CA for example. That's typically where we go for a fast meal when needed if we are out and dont have time to cook. Ours is also next to a grocery store though so sometimes they'll have offers on buckets o' chicken that we can grab and get much more out of it.
Min wage 16.50 in CA Big Mac meal 10.00 Seems like your right
Something that’s been going on for a while. My old boss in 2022 wore a MAGA hat, in CA, and he stated they wanted a consumer tax back then. I’m still trying to figure out how this benefits the elites. I guess they have all the assets they would need?
My CA is 85 Would like to buy more but waiting for a reason
We will both be 66 later this year, and set aside enough to fund our first 5 years of retirement. I’m toying with starting to draw SS, purely to invest the money, but am unsure now- I’ll be fully vested next year. Such a crap shoot, and my husband spends so much time on studying investment strategies even though he has a financial advisor. GD Trump. We are also in the process of buying a foreign business (have a second home already in So America where our daughter and her family live). We have no debt other than a very small mortgage and live in pricey CA, so we need some tax relief. I hate that you can work your entire life and plan well, and then some criminal, bozo POTUS effs it all up, so we pivot. Thank God we can.
I didn’t say they’d let them lol. Some things are gonna be learned the hard way. CO and CA REALLY hates the feds and they won’t just roll over for this. From there we’ll see what happens
I’ll just copy and paste what was said to make it real easy for ya “If confirmed, it’ll be one of my first priorities when I arrived at DEA to see where we are in the administrative process,” Cole told Sen. Alex Padilla (D-CA) during his confirmation hearing before the Senate Judiciary Committee. “I’m not familiar exactly where we are, but I know the process has been delayed numerous times—and it’s time to move forward.” That last line is my point.
What's causing the reduction? Are these companies subsidized and for national shipping? Like NY to CA for idk bike parts and stuff people order within the USA?
Unless you're adding a healthcare surcharge in CA, then it's fine.
There’s been a push in the last few/5 years from states (and previous admins) on price transparency. I wouldn’t be surprised if a big market (CA, NY, IL) has a law on cost breakdowns for online purchases.
Yes, but the logistics for chinese trade are intermingled with our domestic food logistics. China isn't buying our pork and beef, so there aren't trucks going fro east to west, which means higher prices to get trucks to CA to ship food east. And that's just the complicating factor that I've been paying attention to...
Where are the signed trade deals. Show me new ones. And I'll calm down. Don't show me "outlines" or term sheets. Trump just threw out the last deal he made with MX and CA!
read CA as california and was mildly confused.
Will SHOP go up or down based on liberals winning CA election?
Hey man, 27M living in CA, making about 52k/y net. just saying I feel your pain and loss. 2 weeks ago, I went from about 400$ to $3588 on puts. Would’ve paid off my credit card. I told my GF that I did pay it off. But like an absolute retard, I didn’t, and of course lost it all the next couple trading days. Been trying to make it back and keep losing more. If she finds out she’s going to be so upset, and I feel absolutely gutted about it every day. I’ve lost probably upwards of 60k in the last 4 years. Its disgusting. But I realize long term, that’s maybe just a year of work, and in the real world, the struggle makes me work harder and motivates me to keep trying to level up in my line of work. Maybe one day the struggle I put myself through will result in me getting up to a 6 figure income sooner than I ever thought, who knows. But I feel that deep craving every day to gamble and “try to make it back”. It’s a sickening feeling, knowing how easy it can be to make so much $, but also know how much EASIER it is to lose, how wrong it is and how I need to quit, and the struggle I consistently put myself through.
Holding CA and AU mining stocks instead. Think will be better return in 4 years.
Work for the largest vineyard management company in CA. We have pushed MAJOR projects back a year already in hopes the tariffs cool off. Who knows how long it will last… but hey I’m sure most people at my work place didn’t vote for this…. Oh wait…. lol
but if you don't intend to sell in CA then why would you care if you're able to sell there or not? I'm confused
Maybe DW can lower prices and encourage domestic travel... But I'll spend my money in CA at DL before FL.
Who the fuck eats those Plus the whole foods flagship store in CA got hit with a health code violation lol Puts on whole foods more than the supply chain I think
I’m not super familiar with the EU-UK agreement, but in the US if California enacts regulations on products most companies end up adopting those guidelines for what they sell to the whole country. CA is such a big market that it is easier and cheaper to just adhere to CA regulations for everyone than to build separate products for the different markets within the US. Car safety and emissions standards are a big one. I’d imagine something similar happening for a lot of products as the EU market is much bigger than the domestic UK market.
i live in a 1bd apartment by myself. I make 89k - in CA Monthly take home after taxes/insurance/5% 401k \~$4500 rent + utils 2200 Car + ins 700 gas + food + groceries + 1 day of fun - 1000 boom im outta money
Not true, as far as the U.S. is concerned as recently as 2014 there was only one company that was even looking in the U.S. (in Mountain Pass, CA). So if you look back, the U.S.'s production is: 2012: zero 2014: a few thousand tons (mostly bastnäsite) 2020: 39,000 tons 2024: 45,000 tons. It's parabolic. In 2019, U.S. reliance was at essentially 100% on imports. It's already down to 70%.
Something like 23-28% voted for him (81 million/300million). The states of California and New York effectively are America, population and industry-wise and we did not vote that way. Please try to keep that in mind. Djt sucks and gop is brainwashed, but out courts people like Newsom and states like CA and NY are working overtime.
You mean a basic expectation of putting 15-20% away for retirement? Not all of us are idiots living in NY and CA spending 2/3 of our income on housing.
or it's a "private" company with intimate high state connections whose already received billions in subsidies from the federal and CA govts. even tho its outperformed by chinese electric vehicles at a fraction of the cost by all accounts ive seen, whats essentially a state subsidized company with the political power to act in its own interest is a pretty good bet
This is nothing compared to Newsom and Bass…whatever Trump is doing is leagues behind what CA does every fuckin day to us
Oh wow, that’s cheap for San Diego. A buddy of mine has several rentals in northern CA. One of the houses stopped paying rent months ago and it took him months to get through the eviction process. It’s rough out there for the renters as well as the owners of the rentals.
Have you tried CA? It may be green (like their hair) but I make no guarantee as to its sweetness
What is your argument here? We're talking about tax and cost of living. Thats how rents are determined is the monthly cost of the property vs the desired rental income. So any property taxes are included in the rent calculation, same in CA and in TX. The question is, does that amount to more or less than what you'd pay for in the additional income taxes in a state like CA. Instead of making a statement of some basic idea that doesn't actually prove your point, you can actually prove a point by finding comparable unit rental costs in Austin and LA and show us that the passed on property taxes amount to an increase of payments the renter pays that offsets the savings they have from not paying an income tax.
CA sales tax is 7.25%, a couple counties add in extra 1-2% on top of that yet you pick Silicon Valley’s sales tax to prove a false point. Lol good ol Reddit.
Sales tax in CA is 10%. There are no amount of toll roads that are going to close the gap in 16-20k a year of higher taxes in CA.
Let's do an example. 500k home, earning 200k a year. Texas: Owner pays 8k of property taxes annually. Renter pays 0. California: Owner pays 3500 a year for property tax and 16k a year in state income tax. Total is 20k a year in taxes. Renters pay 16k a year in state income tax. Conclusion: CA owners pay about 2.5x more in taxes than in Texas. CA renters pay substantially more vs Texas with 0 income tax. It's people who don't even bother to do the math that are usually wrong.
Is Death Valley in CA? Yes. Then the highest temperature is 134F. https://en.m.wikipedia.org/wiki/Death_Valley My chat gpt did answer this correctly. Chat GPT The highest temperature recorded in California, and in the world, was 134°F (56.7°C) on July 10, 1913, at Furnace Creek Ranch in Death Valley. This record is recognized by the World Meteorological Organization (WMO) as the highest air temperature ever measured on Earth.
Here is a link to the terminal live-cams out of CA: https://portal.lbct.com/Operations/TerminalCameras
>we should be tariffed to death You mean the equal 0.17% median tariff rate going both ways with Canada and the 3.5% EU -> US vs 3.25% US -> EU? This is all shit he agreed to. The last CA/MX trade agreement *and* the last Chinese trade agreement were his
The Amazon warehouse in Camarillo, CA releases about 100 workers weekly. The reason? Theft. How do I know? My friend's son works there. That explained a lot about my same day delivery from Camarillo, it's always "delayed." My foot, the workers are stealing product left & right.