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Income and wealth inequality aren't falling, they're moving away! Housing costs are increasing. You could drop $100k off housing prices today by eliminating nonsense started requirements and fees. Businesses are also moving out and will pay less tax.
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What businesses? It's the businesses that are all leaving. HP, Oracle, Charles Schwab, Tesla (So Cal) + Space X. If major corporations leave, there is nothing more to tax except for small businesses.
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