The
previous
generation
of
homevoters
restricted
CA
municipalities
on
tax
collection. (See Prop. 13, 218, 26).https://twitter.com/Pinboard/status/871944059912192000 …
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Replying to @kimmaicutler
The
wealth
of
industry
is
collected
at
the
state
level
not
municipal
http://www.lao.ca.gov/LAOEconTax/Article/Detail/7 … http://www.lao.ca.gov/Publications/Report/3507 …1 reply 4 retweets 46 likes -
Replying to @kimmaicutler
the state of California is functionally dependent on PIT & cap gains revenue from the Bay Area. Cities are highly restricted.pic.twitter.com/0izevtHQpN
7 replies 6 retweets 28 likes -
Replying to @kimmaicutler
Yup… I really like
@Pinboard but he is missing the facts here.1 reply 0 retweets 0 likes -
Replying to @jlax @kimmaicutler
I’m calling for reforms in these areas, and structural funding of local government in CA. Not sure why the handclaps
2 replies 0 retweets 1 like -
Sorry I'm soooooooooooo tired of people not understanding the tax structure of the state. There's land wealth, corporate wealth, equity....
2 replies 0 retweets 4 likes -
Replying to @kimmaicutler @jlax
is there a nice online rant somewhere that goes into this? I think it’s a fascinating topic, understand your frustration
1 reply 0 retweets 1 like -
Not really because I also don't fully understand it. :-) but that SCO report from Betty Yee has some perspective (at least for CA)
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This is not even to mention intl corporate tax reform in which multiple govts claim a share of this tech co revenue.
2 replies 0 retweets 0 likes -
Replying to @kimmaicutler @Pinboard
IMO, State taxation (prop 13) and international tax issues are larger contributors to problems than Silicon Valley cos
2 replies 0 retweets 0 likes
“international tax issues” are just a decision by large tech companies to systematically evade taxes, here and in EU
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Replying to @Pinboard @kimmaicutler
I don’t have enough knowledge of int’l tax history to dispute or agree here other than to say that it’s an issue impacting the area.
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