SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: wilywilly who wrote (16116)6/13/2023 2:07:20 PM
From: Kirk ©  Respond to of 26786
 
I have no idea. I don't think it applies to the whole state but I did my taxes as usual and am paying my ETs as usual to avoid the mess.

Government workers are not good with "exceptions" to anything out of the norm so I wanted it done.

Given the majority over withhold to get a refund to spend, it might not be that big a deal.



To: wilywilly who wrote (16116)6/13/2023 2:15:37 PM
From: Kirk ©  Respond to of 26786
 
Also, I'm not sure what percentage of the total US taxes Californians pay, but my guess is the IRS still requires the Warriors and Lakers to withhold taxes from Lebron James and Steph Curry's pay checks. Those rich folks are paying the majority of our income taxes. Capital gains could be much higher this year as last year the markets were down a ton so many of us might delay paying the taxes on those until 2024 as required by law... as long as we make sure we withhold more this year than last.