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▲ SoftTalker 3 hours ago

Next headline: More wealthy people leaving California.

These shenanigans with vehicle taxes happen whenever a neighboring state has a significantly better deal. People register vehicles in friends or families names who live in that state, or form a legal entity there which can own the vehicles. Of course then the high-tax state writes more and more convoluted definitions of "residency" for the vehicle to make it subject to taxation, which are either hard to discover/enforce as a practical matter or someone finds a new loophole and the avoidance games continue.

▲kube-system 3 hours ago | parent | next [-]

No wealthy person is going to save money by relocating from California to avoid a $30-40k tax bill on an exotic car. Wealthy people have a beach house in California because they like California.

The people who relocate to avoid taxes are upper-middle class people who are overextended on their finances.

▲SoftTalker 2 hours ago | parent [-]

Well they go through the trouble to form an LLC in Montana to own the car, to (illegally) avoid that tax bill. So clearly the tax isn't something they are just happy to pay. The LLC probably owns the beach house too, for some other tax dodge.

▲ 3 hours ago | parent | prev | next [-]
[deleted]
▲Noaidi 3 hours ago | parent | prev | next [-]

> More wealthy people leaving California.

Good! I do not understand why people think this is a bad thing. I would rather be surrounded by poor, kind people than these rich sociopaths.

▲recursive 3 hours ago | parent | next [-]

Good news. There are a lot more poor people in CA than rich.

▲linksnapzz 3 hours ago | parent | prev [-]

...and yet, the number of people willing to emigrate to live next to the "rich sociopaths" of sportscar-owning California is far greater than the # trying to emigrate to live amongst the poor, kind people of, say, Cuba.

Funny, that.

▲testfrequency 3 hours ago | parent | prev [-]

HN crowd used to hate the rich.

Now comments like this, defending losers with lambos, are seen as admirable.

▲randallsquared 2 hours ago | parent | next [-]

What are you talking about? HN was a site for people aspiring to BE the rich, in the sense that it was operated by and revolves around a startup accelerator.

▲pessimizer an hour ago | parent | prev [-]

> HN crowd used to hate the rich.

I don't know where you heard this, but it is not true. HN is filled with people with many opinions about the rich, and also many rich people, and has always been.

Startup News, created by a founder of the venture capital incubator Y Combinator, did not ever uniformly hate the rich. It is sponsored by the extremely rich, and only exists because they wished it into existence and maintain it.

▲krapp an hour ago | parent [-]

(raises hand) I hate the rich!