Genius city, facing down a possible pandemic-driven recession, passes special interest initiative that city economist says will reduce the GDP by $23 billion dollars.https://twitter.com/sfchronicle/status/1235074434656067584 …
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There’s plenty of money being held offshore to avoid taxation. The corporate tax rate is obscenely low. A system of with a better distribution model can supply housing and enough jobs without hyper growth that does nothing but pad the pockets of billionaires.
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