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Montana LLC in California?

37K views 74 replies 23 participants last post by  jojopotato  
To each their own. I really don't care what others do and if the states weren't so over the top with their taxes people wouldn't cheat. Fair and reasonable taxation would probably generate more tax dollars as many fewer people wouldn't cheat.
Can't say I agree. What's fair and reasonable in your eyes? How many people are cheating with their 35k-45k cars which make up the vast majority of taxes for the state?

We don't have anything near what Asia has for example.

From my personal anecdotal experience, some wealthy people will always cheat and make excuses about it, regardless of the actual penalty because it's "unfair"
 
Here's an example of fair: assume your neighbor has 4 kids and drives an old caravan or whatever as they aren't into cars but you are and you may have $1m to 2m in cars and no kids. Is it reasonable to expect you to pay a 4% recurring tax on the value of these cars? Not a question of who can afford it but someone who has a hobby vs someone who doesn't and uses more resources. Keep in mind you are paying sales tax on these purchases as well as registration fees.

My view is I can see why some might find fault and look for alternative solutions.

Again, I don't care, not my business.

If you take offense then by all means do what you feel is right for you but don't judge others.
That family of 4 is actively ensuring the future of our society, so they should get a tax break. Whereas technically you're worsening the environment. They at least likely carpool. As I've mentioned before. 4% is literally nothing compared to Asia.

Seriously, you have it WAY good.

There is no such thing as a free lunch. Taxation is necessary to ensure towns and cities can continue to operate. In whatever form it comes, be it sales tax or real estate or whatever your recurring 4% annual one is, whether you're in a blue or red state, they will get whatever they need to keep things running
 
A tax break for using more resources? Ok, that makes sense.

So the person with the car collection is gonna drive them all at once?

Such a whacked outlook. Completely illogical.
A tax break for more GDP growth seems like it makes sense. But I guess a completely aged, shrinking population is the way to go. Fuck the children, they're not worth anything to our society

Even 1 supercar, unless you're carpooling in it all the time never going past 2500 rpm, fundamentally has more environmental impact than that family of 4, whose caravan by nature is a vehicle for utility. I don't mind, personally, but shouldn't some portion of tax be dedicated to some level of carbon offsetting?

I pay my 35% in taxes. And I love that every dollar going to Ukraine is partially funding a Javelin going pop goes the T-72 turret
 
This thread is hilarious. I know many who’ve done it (Montana tags)...ALL of them have recommended it. None of them have had an issue.

Taxation is needed to halfway pay for bullshit $1.7T bills that seem to happen every other month lately and that virtually no American has any ‘real’ say in but gives $400m+ for border security in Bulgaria...among others...great. LOL.

I love the righteous ones spouting off...54% of Americans pay ZERO federal income tax. And YES they live better than 99% of the world...I lived in Asia for years...no lecture needed on quality of life in America. I love America...but we’re as corrupt as any nation on the planet.

I hope my comments will end this sad thread... It was a legit question by the OP that got derailed...Every persons situation is different...Next we’ll have a thread on ‘speeding’ where someone will say ‘they are watching you’ so you better be careful 🙄🙄
There is a difference between federal and state taxes and what those funds are used for. I think the whole premise of this thread is about state
 
It’s my duty to pay as few taxes as possible so that I can leave as large of an estate for my children. My obligation is to my family, not the government, I pay more than enough tax and have zero interest to pay a penny more than I am legally obligated to and in fact I will ask my accountant to find every loophole that I can to reduce my taxable burden. You all do the same to minimize your own taxes and if you say you don’t you are full of shit.

I Have zero faith the government will spend my taxs wisely. They have squandered more money and Frankly they are wasteful.

also- if the entire population paid some tax, i could stomach some of government wastefulness. The fact is majority of people don’t pay any tax and expect the “the rich” to continue to pay more and more. It’s not sustainable.

no thank you. I’ve paid more than my fair share and my 4 super cars will get driven less in a year and have a smaller environment impact than the mom who drives 30k miles a year in her polluting minivan while
I put 2000 miles on my super car.

The fact that we are even debating this on a super car forum is pathetic. If anyone feels that they haven’t paid enough in tax by all means write a bigger check if it makes you feel better. But don’t lecture those of us who have already paid more than what we get back in value.
The greatest threat to your children is wealth inequality in this country. Not the minute chance that a few grand extra in taxes per year are going to leave them hungry fifty years from now. Registering your car in Montana is not a loophole. It is straight up illegal.

Yes, I absolutely pay my full share in taxes. If I had another 4 million, I'd probably pay even more and be fine with it. Only problem is, if only one or a few people do it (and not even those that can financially contribute significantly), it doesn't put a dent in the problem. Somehow you went from bitching about children to it being the only thing you care about. Ok then. By that standard, I agree. Although I have a significantly more holistic view of the country.

Average mileage a year is around 15k. Divide that by 4 people. That caravan is still polluting less than your 2000 miles (so you say, highly doubt you only drive each supercar 500 miles a year). The raw materials to make the carbon in your tub probably outweighs the lifetime of use of the caravan.

It's absolutely pathetic that people seek or try to justify any level of this tax fraud.
 
Right. Which is why California has the highest welfare population in the country. Makes perfect sense.
CA has the highest state population in the country. Of course in absolute numbers, it's going to be high. Per capita, it doesn't even break the top half.


For comparison, Florida is 20% worse per capita and Texas is 10%. Let's not talk about West Virginia, Mississippi, etc
 
Yes, it has the highest population in the country. Of course the welfare will be higher. As I stated. Funny though that it is also the state that pays the highest in welfare funds to the Fed for states like Mississippi, West Virginia, Oklahoma, etc

 
maybe reread the article.

103 billion in welfare spending in california for 39 million residents of california
35 billion in welfare spending for 29 million residents of Texas.

But hey, thank you for contributing your tax dollars for the benefit for the rest of us. Me and my family greatly appreciate it because according to you, the rest of us are tax cheats cause obviously you know everything about my finances, my charitable giving, my tax bill and the rest of it.
Didn't say anything about you cheating taxes. Unless you're registering your car in another state to save on taxes. In which case, yeah, you're cheating. You stated that I have to be skimping on my taxes just because everyone else is using deductions and loopholes. Well, I'm not.

Also, you're welcome. I'm legitimately glad. I hope your kids grow up in communities with less crime, better education, with better infrastructure, safe roads and bridges, etc. Maybe you don't think that's a good thing. Would be an actual step forward for the states to work together on it. It's not charity. It's selfish in fact. This community improvement not only improves my standard of living, but also that of my children
 
Despite me paying more taxes every year than 99.9999999% of the population, no my kids dont live in a community with less crime, better education or infrastructure. In fact despite the government taking in more money than ever, quality of life continues to go down.

So you will excuse me if I think paying more taxes isn't the solution to eutopia. Its not. More tax revenue means that more people want handouts which degrades quality of life for everyone.

If everyone was so concerned with taxes and if you feel that more taxes leads to a better society, by all means sell your Mclaren and pay more tax. I have better things to do with my money than give it to some government idiot who has never had to make payroll in his life and doesnt understand a damn thing about a real job.
There is a direct correlation between wealth inequality and crime. Essentially based upon that fact, it's in all of our best interests to minimize wealth inequality. Imagine if significantly more people contribute to our infrastructure and education systems instead of sheltering money in trust funds, tax havens, LLCs, etc etc. Could actually change something for once. Hell, could even pay for a third party to oversee and audit tax spending.

Like I said before. I could give away everything I have and it wouldn't change a thing. Thirty thousand plus people paying more every year might actually do something. Especially those who make 2+ million who could easily afford a few thousand here and there without even noticing it. I'm not in that category. But I absolutely pay what I owe, I don't dodge, and I still live comfortably without concern for my basic necessities for the next 50+ years
 
I can’t imagine why this is happening...why would people ever want to leave states that tax the shit out of them.🙄 I guess Californians and New Yorkers are just a bunch of tax cheats who don’t wanna pay their ‘fair share’ that’s why they’re leaving in record numbers. LOL.

Raising taxes drives people away. It’s been proven time and time again. The proof is in peoples choices. They are leaving the most heavily taxed states for lower taxes states. But hey...I’m sure it’s just coincidence. The bleeding hearts and hypocrisy are ASTOUNDING around here.

Why buy a 570s when you could have a Prius and then donate the rest to charity? Don’t you care about wealth inequality?? How dare you!! BUt but but but I care about the poor and the environment..:then give up the McLaren and ride a bicycle!! In the meantime don’t lecture the rest of use who live in REALITY. If you wanna talk about wealth or income inequality...then you should travel the world and not start with the wealtheist country in human history...America. Highest standard of living in human history as well. Maybe help the people who literally have nothing...no clean water, no food, and over bearing dictators, not the people living well off of US social services...Spare us your hollow veiled righteousness.

Some peoples hypocrisy knows no bounds...they feel and don’t think. Ignorance is bliss I guess...You’ve been sold a bullshit bill of goods and you’re naive enough to believe it. Lithium, cobalt, ESG, slave labor, land fills...LOL. It’s green all right...dollars of green. Just as long as you don’t have to see the Ulygur Muslims being abused and killed in labor camps it’s all good...buy those Nike’s and iphones you hypocrites. Rant over...Hey...what’s for dinner honey? 🙄🙄🙄

The vast majority of people leaving these states is because the cost of living (housing most in particular) increases have far outpaced salary. Not tax increases. Taxation has some bearing, but is minimal in comparison, unless talking about large corporations. CA has a progressive tax structure, tax for lower income people is lower than most states. It is those people who can't afford steep increases in rent and rising mortgage rates for expensive houses. In fact, the group of people moving into CA are higher educated and higher income earners who would incur larger tax responsibility. In other words, the complete opposite of what you suggest

.


Leaving a state also fundamentally isn't cheating taxation. Nothing in the Constitution is restricting your freedom to choose location of residence.

Funny you mention that, because I actually rode my bike more than I drove last year.

I have also very likely traveled the world far more than you. Experienced more of the world than you (my childhood home did not have a toilet or running water). Still, I would not state that those on welfare are "living well". I also wouldn't be bragging about the US standard of living when the majority of people can't cover a 2000 dollar unexpected expense. When our medical system is so fucked that a simple surgery and outpatient care can cost 100k (my appendectomy).