Re: The Gentrification Two-Step

shawn <nanoflower@notforg.m.a.i.l.com> wrote:

It's not. There's a huge push now in California for the government to base
everything from your electric bill to your car registration fee to traffic
fines on how much money you make. It won't be long before you're going to
have to submit your IRS returns to the court just to find out how much
that parkingticket is going to be.

>
That's not going to go over well when someone like Jeff Bezos pays a
$10 parking ticket because all of his money is tied up in stock and
loans based on that stock. So little to no income to report to the
IRS.

>
Of course you could always do what they do in Sweden by making the
financial cost in some cases to be a percentage of one's income on
their last income tax return. The case I remember was that of a
Swedish star NHL hockey player who was convicted of a DUI and was not
jailed but WAS fined something like $1.2 million (based on his hockey
income)