If you bought a house in CA in the 1970s or 1980s, it's not simply worth 5x or 10x what you paid. It might be worth 40x or 50x.
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Replying to @riogreyhound
@riogreyhound@kimmaicutler@HawthorneLAT will always be someone who can't afford taxes - we fix by other means, not by abolishing taxes2 replies 0 retweets 1 like
Replying to @michaelrwolfe
@michaelrwolfe @riogreyhound @HawthorneLAT http://www.economist.com/blogs/freeexchange/2015/04/land-value-tax …
2:29 PM - 18 Nov 2015
0 replies
0 retweets
1 like
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