Even if you taxed all of Jeff Bezos' net worth to zero, it would compensate for a little more than 1 year of home price appreciation in SF. (I support more progressive taxation, but voters literally do not understand the scale of these problems.) https://www.bizjournals.com/sanfrancisco/blog/real-estate/2016/01/san-francisco-home-values-zillow.html … https://twitter.com/Austen/status/1133365603689934851 …
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Replying to @kimmaicutler
I wonder what would happen to housing prices if San Francisco taxed income over say 250k very heavily? I wonder if folks would stop moving here?
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Replying to @thord_ee_r
The state of California has pre-emption on the right to do income taxation over its cities.
12:30 PM - 28 May 2019
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