Quote:
Originally Posted by tk1971
I've got family here, and my wife as well. She's got stronger family ties than I do, but fast forward into the picture, I already told my wife that we're not going to retire in CA and she agrees.
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If it weren't so darn beautiful........few things beat looking out over Lake Tahoe from the very top of Heavenly or Squaw or Homewood on a cloudless Winter day before skiing down, sitting on a dock (especially near Tahoe City) in the summertime and looking out at the mountains that surround the lake, or brunch on the patio at Ventana in Big Sur....... and 85 percent of my family didn't live there I'd never set foot in the state again because there are so many bloodsucking state agencies that are unnecessary and even in necessary agencies the cost re employees is too great--they are reaming the taxpayers. It pisses me off to even pay sales tax there, knowing the money ends up in state coffers. In Sandy Springs GA the local government has now privatized many functions and it is saving the city quite a bit of money. Many cities in California have now become charter cities as an end around to unions getting state laws passed re the cities having to pay the prevailing union wage on some contracts. Charter cities aren't subject to this restriction. My grandfather loved nearly everything about the way things used to be in California. I'm sure the current environment (politics, government, regulation, taxes, fees, etc) is making him turn over in his California grave.
The mother of a friend of mine lives off the income from a very large trust that was established many decades ago. The mom has a house in an expensive S.F. Bay Area suburb, but declares an extra house that her daughter (my friend) bought (with an insurance settlement) in Nevada as her primary residence. The mom keeps a log of how many MINUTES she spends (and on which days) each year in California --- and makes certain the total is less than six months --- so that the Franchise Tax Board can't tax her income. And, of course, there's no state income tax in Nevada
I thumbed through the current issue of Entrepreneur magazine yesterday. They ranked the top (50 I think) undergrad business programs focusing on entrepreneurship and the same for MBA programs on another list. Babson (in Boston) was #1 on both lists. A fair number of Texas schools were ranked quite highly. What I found almost the most interesting was that the highest ranked california school (USC, on both lists I believe) wasn't ranked higher. It was #21 on one list and lower I believe on the other).
If someone forced me to live in an urban area in California again, I'd try to make it to the beach as often as possible. This would dissipate SOME of the feeling of being ripped off

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California used to tax retirees who moved to another state after retirement through some formula that represented what portion of their lifetime wages were earned in California. Then about 15-20 years ago someone retired, moved to Nevada, sued the Franchise Tax Board, and won! Thanks to this brave, upset person California (the FTB) can no longer tax any portion of a retiree's income once the retiree is no longer a resident of the state.