Most of the problems in SF are due to lack of affordable housing-which was made much worse with the influx of extreme wealth into the city. SF has more billionaires than any other city in the world. If they chose, moneyed residents could completely cure the homeless crisis.
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Maybe - but I think competent planning and policy is more important than simple allocation of capital. Lots of cash and poor planning = corruption. Laws and regulations make it complicated to build new buildings. And many of those rules protect a narrow field of constituents.
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There is truth to what you say. You definitely think through these issues with care. I don't know exactly what all the right answers are. But if a city has the most billionaires of any other in the world, the uber-rich can certainly do better than they are currently doing in SF.
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If only there was a process to streamline such a process in order fund such public schemes. It could be universal, and the amount could be proportionate to people's wealth.
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Lol. To be fair, I think a tax on wealth is generally the correct tax framework - it’s fair, and discourages the accumulation of non productive assets. And the tax liability grows in accordance with net worth. Seems to make sense to me
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