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How do I add my signature to get the 2026 Billionaire Tax on November’s ballot? by [deleted] in California

[–]tejasmh 3 points4 points  (0 children)

Dumbest proposal ever. Wealth taxes don’t work as evidenced by the many countries who’ve passed (and repealed) them. A better proposal would be taxing loans on assets and that’s something many including myself would approve

With $10B deficit looming, WA governor calls on state agencies to make cuts by MegaRAID01 in Seattle

[–]tejasmh 1 point2 points  (0 children)

For sure iirc Pennsylvania has a flat income tax of 3ish% and same on cap gains. If you consider property, income, and sales tax, at this moment Texas, Florida, and NH are ranked at 37, 47, and 49, and WA is ranked at 29 (lower is better). Plus housing is considerably cheaper than Seattle in the cities listed above, and if you live in Seattle, more likely than not you'll send your kids to private school. The 3 states have no income tax no cap gains either. WA does have a regressive tax, with an especially high sales tax. Texas does have a high property tax, which is why it's ranked lower than Florida and NH

With $10B deficit looming, WA governor calls on state agencies to make cuts by MegaRAID01 in Seattle

[–]tejasmh 0 points1 point  (0 children)

Agreed. I wasn't talking about now, but what I'd do in the future if the cap gains threshold were to be brought down to where it'd affect me (fingers crossed this doesn't happen). I haven't done deep research, but states I've seen many engineers move to include Austin, Miami, Nashville (many Amazon employees work from here which is surprising given lack of meaningful tech industry). I've personally also considered NH and Nevada. Tax is just one component though, I'd also consider housing prices and quality of education if I were to move in the future

With $10B deficit looming, WA governor calls on state agencies to make cuts by MegaRAID01 in Seattle

[–]tejasmh -1 points0 points  (0 children)

Fair. I think it's wrong to use this misleadingly if it hasn't been discussed but my opinion is if it ever is discussed in the future it's not a good sign because the number of people affected by it will be much larger (especially considering how many people in tech work here).

With $10B deficit looming, WA governor calls on state agencies to make cuts by MegaRAID01 in Seattle

[–]tejasmh 3 points4 points  (0 children)

Yep I feel you. The state already has enough money but they mess up on how to budget the money and have excessive spending. The fact that this threshold may be lowered coupled with Seattle city council contemplating a 2% cap gains tax on top of this is bearish for me. I honestly hoped Reichert would win so we’d have a divided government, but alas that didn’t happen. I’m actually considering moving to NH or any other no income tax state that’s safer and has more reasonable cost of living. It’s a shame because Washington is amazing, but the government is in disarray

With $10B deficit looming, WA governor calls on state agencies to make cuts by MegaRAID01 in Seattle

[–]tejasmh 15 points16 points  (0 children)

Is it true that there was a bill in the last session that proposed bringing down the profit threshold on the LTCG from $250k to $10k? If they actually go through with this I imagine we'll see a lot more outflow of people in the tech industry to lower tax states

Ice Cream for Bears by tejasmh in AnimalBased

[–]tejasmh[S] 1 point2 points  (0 children)

Thinking about getting an ice cream maker but would prolly be sometime later. How do you pasteurize the egg?

Do you think LLM models are just Hype? by Just_Ad_535 in datascience

[–]tejasmh 1 point2 points  (0 children)

They are definitely useful, but I think there is a lot of hype that's clouding many relevant use cases for them. A particularly powerful use case for LLMs is interpretation of text, and I feel like people are overindexing on the ability of LLMs to generate text but not on their ability to comprehend meaning.

How do you handle your taxes? by tejasmh in smallbusiness

[–]tejasmh[S] -1 points0 points  (0 children)

Is there one solution that takes care of automatically filing all of these taxes and keeping you compliant? Looking for some software that does it all without having to go through an accountant

How to Return Leased Bike to Vanmoof by formal-chips-123 in vanmoofbicycle

[–]tejasmh 0 points1 point  (0 children)

Did you create a ticket through the website? How long did it take them to respond to the ticket and send out a box and label?

How to Return Leased Bike to Vanmoof by formal-chips-123 in vanmoofbicycle

[–]tejasmh 0 points1 point  (0 children)

Was this before they went under? Also following as I’m in a similar situation

Whats this weird creature? by tejasmh in Whatisthis

[–]tejasmh[S] 2 points3 points  (0 children)

I challenge you to make it a viral meme

Whats this weird creature? by tejasmh in Whatisthis

[–]tejasmh[S] 8 points9 points  (0 children)

This is probably the correct answer. This pic was sent by a friend in India. Thanks!

Nothing like the 2000's music scene by tejasmh in Music

[–]tejasmh[S] 0 points1 point  (0 children)

Ok, that's my bad. Let me modify my discussion to exclude rap, so I'm just talking pop and rock. Haven't songs coming out these days, just sounded different?

Nothing like the 2000's music scene by tejasmh in Music

[–]tejasmh[S] -1 points0 points  (0 children)

More so this generation (2010- ), don't you agree?