California has one of the highest income tax rates in the country, but one of the lowest property tax rates (especially once you take Prop 13 into account)
We're essentially punishing productivity while rewarding non-productive property ownership. C'monnnnnn 
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I know it's not new for me to rant about this stuff but JEEZ sometimes I just cannot believe how backwards it is
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Replying to @devonzuegel
it’s the wrong kind of friction
12:06 PM - 27 Jul 2020
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