Hold up.. I thought tech was bad? Have we moved to grey?
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Bay Area is 40% of state income tax revenues despite being 17% of the population.
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Sun City California
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Kinda' ironic given that the tech industry workers are indeed much younger than the population average.
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The millennials and genx are straight up subsidizing boomers, of whom most of which are far more wealthy. The joke is that they’ve (boomers) have made themselves the victim in this dialog.
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And ironically the retiree crowd that benefits from techie money wants techies to leave because they’re “transplants” that are ruining the Bay Areahttps://mobile.twitter.com/nextdoorsv/status/1110255450656780293 …
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I mean, you have all the economic incentives to create this outcome in place. This is an obvious outcome of prop 13.
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Who could’ve predicted that fixing revenue (
#prop13 2%) below actual inflation would lead to compounding fiasco?https://mobile.twitter.com/nextdoorsv/status/1124024555243298828 …
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"Let my old aunt keep her house" is the pro-Prop 13 argument I've heard the most.
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BEN YOU KNOW THAT ALL SENIORS ARE LIVING ON THE STREETS IN STATES THAT DONT HAVE PROP 13. WE DONT HAVE THAT HERE IN CALIFORNIA. (ONLY TEACHERS AND CHILDREN LIVE ON THE STREETS)
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