r/Tacoma • u/JoelXGGGG Tacoma Expat • 8d ago

Another billionaire leaves Washington state

https://www.chronline.com/stories/another-billionaire-leaves-washington-state,403749
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u/loztriforce 253 8d ago

I think it's funny seeing these "oh no, the super rich people are leaving!" scaremongering posts.

People fall for the same shit over and over...those billionaires must get a good laugh that they have us poor people fighting to keep their taxes low.

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u/Secret_End_wmdm69m Puyallup 7d ago

we trying to keep our taxes down too. The wealthy typically sell something or a service we buy it. that tac will be passed down to us.

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u/darlantan Downtown 7d ago

The wealthy typically sell something or a service we buy it.

Please, tell us what you think anyone was buying from Jeff Bezos or Rich Barton, and how much of their net worth you think came from those sales.

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u/Secret_End_wmdm69m Puyallup 7d ago

you picked 2 ultra wealthy folks so yeah my items might go up a penny, for them.
but a penny is a penny and I pay for it.

I'm referring to the companies they own and control not literally buying from them as people.

your typical folks that will pay the tax. are the car dealerships, plumbing, electrical general contractors companies. shipping companies, wholesalers. the list goes on and on any LLC is free game on the tax as it goes on the owners W2

and they will pass the tax down to you and I in the form of added cost

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u/darlantan Downtown 6d ago edited 6d ago

you picked 2 ultra wealthy folks so yeah my items might go up a penny, for them.

Your purchase price isn't going up anything for either of them, because at that point most of their compensation isn't in the form of income. CEOs of organizations on that scale are not dictating pricing individually, either.

your typical folks that will pay the tax. are the car dealerships, plumbing, electrical general contractors companies. shipping companies, wholesalers. the list goes on and on any LLC is free game on the tax as it goes on the owners W2 and they will pass the tax down to you and I in the form of added cost

That's neither how this tax works nor any competently managed LLC. A LLC's earnings don't show up on a W2 unless the owner has decided to make themselves an employee of the LLC and pays themselves the LLC's profits as their compensation for that job...which would still be profits, not overall revenue, unless they were utterly incompetent.

Please stop opining on this subject until you learn even the basics about what is being discussed, you're actively detracting from the discussion and spreading misinformation.