The strangeness of California's tax code. Palo Alto 94301 is the most expensive zip code in America.https://www.usatoday.com/story/money/2018/12/17/these-are-the-most-expensive-zip-codes-in-2018/38693069/ …
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Despite having the most expensive zip codes in the country, Palo Alto has the lowest property tax rate in the whole state of California. https://www.trulia.com/research/prop-13/ …pic.twitter.com/25dh5oSEmL
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But then again, Palo Alto's 94301 zip code remits nearly $1 billion a year in personal income tax. https://www.latimes.com/projects/la-pol-ca-next-california-economy/ …pic.twitter.com/clXSA81fQz
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Replying to @kimmaicutler
Quibbling over details: I'd rename 94010 to Hillsborough and 94022 to Los Altos Hills, to identify exactly where the $$$$ lives
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Replying to @drewdaraabrams
yeah that makes sense.
6:09 PM - 18 Dec 2018
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