@kimmaicutler @NickTimiraos taxing unrealized gains is absurd...doesn't happen in any other asset class
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@pmohme@NickTimiraos lots of other states do it. - 3 more replies
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@NellieBowles that's why the Cupertino thing is more complicated than just Apple avoiding taxes.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@NellieBowles you can tax the companies more, but if that $$ just funnels into higher land values. Or you don't have a sustainable transitThanks. Twitter will use this to make your timeline better. UndoUndo
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@NellieBowles funding situation, beyond haranguing a corporation for one-offs, it doesn't really solve anything.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@NellieBowles changes in California city revenue structures from 1997-2007 http://escholarship.org/uc/item/5364j3qs#page-1 …pic.twitter.com/fWXT0WgGVx
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@kimmaicutler our fee structure essentially capitalizes future infrastructure needs into the home price and Prop13 tax basis. - End of conversation
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@kimmaicutler I was part of the last generation of CA public school kids to know what life was like before Prop 13. -
@jamestracysf what was it like?
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