Funny, here is another article about how much Palo Alto props up the entire state. Lets triple the taxes in this zip code since they are ok with it, then we can give everyone else free money! (/snark)https://www.businessinsider.com/silicon-valley-palo-alto-super-rich-keep-economy-booming-2018-9 …
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I wonder what their effective personal income tax rates are. Sure they pay a lot of taxes but their incomes are also high.
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Isn't it better this way? A higher property tax would only benefit Palo Alto... and we know they won't build housing with that money
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