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kimmaicutler's profile
Kim-Mai Cutler
Kim-Mai Cutler
Kim-Mai Cutler
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@kimmaicutler

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Kim-Mai CutlerVerified account

@kimmaicutler

Partner at @initialized. Previously @techcrunch. When life hands me lemons, I make tarte au citron.

San Francisco
medium.com/initialized-ca…
Joined April 2008

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    Kim-Mai Cutler‏Verified account @kimmaicutler 4 Dec 2018
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    Kim-Mai Cutler Retweeted Kim-Mai Cutler

    Never forget. From a May 20, 1978 newspaper clipping. Universities used to be free in California until the homeowners cut and capped their property taxes 40 years ago. That generation of voters chose to indebt you in your tuition and housing costs.https://twitter.com/kimmaicutler/status/1070204442966818817 …

    Kim-Mai Cutler added,

    Kim-Mai CutlerVerified account @kimmaicutler
    Replying to @justindross
    It goes back several decades farther than that in California. In 1978, then @jerrybrowngov warned voters if they passed Proposition 13 to roll back and cap their property taxes, it would probably mean CA universities would have to start charging tuition. (Yes, they were free.) pic.twitter.com/Cwpsctydjf
    10:41 PM - 4 Dec 2018
    • 1,864 Retweets
    • 3,573 Likes
    • Kris Ganjam Tammy Rogers Rethink Software The L says Save the USPS. Maria Luna Celeste IndecisiveImpala Jordan Neves peter Ⓥ Alexander Riccio
    87 replies 1,864 retweets 3,573 likes
      1. New conversation
      2. Kim-Mai Cutler‏Verified account @kimmaicutler 4 Dec 2018
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        Two weeks after its passage, Ronald Reagan, who hadn't taken a strong position on it earlier in the spring, used Prop. 13's win to argue that the whole federal tax system should be changed in its image. https://timesmachine.nytimes.com/timesmachine/1978/06/25/issue.html?action=click&contentCollection=Archives&module=LedeAsset&region=ArchiveBody&pgtype=article …pic.twitter.com/20MTSlsokX

        3 replies 65 retweets 138 likes
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      3. Kim-Mai Cutler‏Verified account @kimmaicutler 4 Dec 2018
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        Let's look at the very bottom of this NYTimes story. While Reagan was planning his presidential run, what was @jerrybrowngov (also the governor of California 40 years ago) doing? Oh, bailing out the entire public school system in the wake of Prop. 13's passage.pic.twitter.com/x586QSMna5

        4 replies 65 retweets 202 likes
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      4. Kim-Mai Cutler‏Verified account @kimmaicutler 4 Dec 2018
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        1 1/2 weeks after that, Rep. Steiger would push an amendment to a revenue bill to cut the capital gains tax rate for the first time in multiple decades. Then President Jimmy Carter would push back and but then accede, implementing it in 1979. https://www.nytimes.com/1978/07/06/archives/economic-scene-the-blumenthal-counterattack.html …pic.twitter.com/nZd9NUIUK3

        1 reply 29 retweets 78 likes
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      5. Kim-Mai Cutler‏Verified account @kimmaicutler 4 Dec 2018
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        So the way that wealth accumulates in mediocre Bay Area tract homes appreciating at $200K/yr or in the private sector among cos and investors, while public schools and infrastructure decay is all connected in deliberate choices that voters and their elected representatives made.pic.twitter.com/E8pS5WnohU

        12 replies 74 retweets 364 likes
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      6. End of conversation
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      2. Kim-Mai Cutler‏Verified account @kimmaicutler 5 Dec 2018
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        Replying to @BDoma @benedictevans

        $9,600/yr is less than what it costs a CA school district to educate one K-12 student per year...

        1 reply 0 retweets 0 likes
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      2. Ordinary Citizen‏ @Pudgydog 4 Dec 2018
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        Replying to @kimmaicutler

        Not really Sweetie. We chose not to be kicked out of our homes as seniors because of unaffordable tax increases.

        10 replies 0 retweets 4 likes
      3. Kim-Mai Cutler‏Verified account @kimmaicutler 4 Dec 2018
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        Replying to @Pudgydog

        Uh, lots of other U.S. states have senior and low-income exemptions. We did not have to create a system that gives tax breaks to Beverly Hills golf courses and Disneyland.https://www.nytimes.com/2017/06/22/opinion/tax-inequality-malcolm-gladwell.html …

        11 replies 8 retweets 103 likes
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      2. Kim-Mai Cutler‏Verified account @kimmaicutler 9 Feb 2019
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        Sure but the reverse isn’t true. Cutting didn’t mean that things got uniformly cut or cut in any kind of sensical way. Certain industries and unions (like the prisons and police) were able to defend themselves from cuts better than others, like education.

        0 replies 0 retweets 1 like
      3. End of conversation

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