If they like move away right away before taxes are collected... that still seems like a net positive?
I'm pro carried interest reform as are many other prominent people in the field. https://avc.com/2010/05/why-taxing-carried-interest-as-ordinary-income-is-good-policy/ … That said, there is lots of evidence that unfunded pension liabilities are cannibalizing public services and wages for future public sector workers. https://gspp.berkeley.edu/assets/uploads/research/pdf/Anzia_PensionsintheTrenches_Aug62017.pdf …
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I was in a meeting with UESF on Prop. G a few years ago and they could not give a straight answer on how much of that money would actually go to raise teachers' salaries versus pay for people who are no longer working there.https://www.sfchronicle.com/bayarea/article/SF-schools-giving-teachers-raises-without-revenue-13236083.php …
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