What if—I’m just spitballing here—we rezoned SF and the Valley for tons of new housing, and built a world class transit system for both by taxing tech companies who use the city as a bedroom community?
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Replying to @Pinboard
How does a municipality tax a business that’s not even located in its jurisdiction? But anyway did you know that personal income taxes from the Bay Area account for ~40% of PIT assessed in California for its $90B general fund? Or that a single unit in SF is now $700K to build
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Replying to @kimmaicutler
You would need to do it at the state level, obviously, with Federal assistance. You're a smart person and can imagine what the tweeted outline would look like as policy.
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Replying to @Pinboard
We just tried to upzone residential land within a 1/2 mile of all major transit stations in California to min 45-55 feet the other week and it died in committee. The Senator from Silicon Valley literally cited the coming of autonomous vehicles in his speech.
2 replies 1 retweet 7 likes -
Replying to @kimmaicutler @Pinboard
Anyway, here’s a paper about tax reform in California: https://www.sco.ca.gov/eo_cea_contextual_framework.html …
1 reply 0 retweets 8 likes
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