Kirk's Market Thoughts Message Board

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Non-Tech : Kirk's Market Thoughts

COHR 132.73

-3.9%

Oct 30 3:59 PM EDT

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To: ajtj99 who wrote (26306)	10/24/2025 1:42:22 PM
From: Kirk ©	Read Replies (1) of 26376

Maybe. Remember that a good percentage of total taxes are paid by people in those locations so there is some circular inflation cycling since the more you make the more you are taxed and thus the more you need to be enticed to work... sort of like Musk wanting 25% of Tesla to do extra work. Median income averages a TON of people who don't work either due to retirement, having a high income spouse that makes it affordable to stay home and raise a bunch of kids, or loads of people working under the table for much of their wages or not reporting income. There are many here legally who do a lot of work and then don't report the income. Contractors love to get cash and will offer discounts as I believe it saves both sides of the payroll tax if they pay cash to their workers to do "overtime" on weekends, etc... Also, I'm not sure why Beverly Hills is almost half that of Los Altos, CA... Household 250,001 USD (2023) •Individual 127,129 USD (2023) Also, ask the AI what is the HOUSEHOLD median income. Finally, salaries here have soared due to competition to get top AI people I think. Hard to say but I'm pretty sure those 2023 numbers are way too low for 2025

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