Yup… I really like @Pinboard but he is missing the facts here.
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Replying to @jlax @kimmaicutler
I’m calling for reforms in these areas, and structural funding of local government in CA. Not sure why the handclaps
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Sorry I'm soooooooooooo tired of people not understanding the tax structure of the state. There's land wealth, corporate wealth, equity....
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Replying to @kimmaicutler @jlax
is there a nice online rant somewhere that goes into this? I think it’s a fascinating topic, understand your frustration
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Not really because I also don't fully understand it. :-) but that SCO report from Betty Yee has some perspective (at least for CA)
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This is not even to mention intl corporate tax reform in which multiple govts claim a share of this tech co revenue.
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Replying to @kimmaicutler @Pinboard
IMO, State taxation (prop 13) and international tax issues are larger contributors to problems than Silicon Valley cos
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Replying to @jlax @kimmaicutler
this evasion is nothing more than a cultural norm in American business
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The modern period of evasion was ushered in with Prop. 13 and the CA taxpayer revolt of 1978, which incubated Reagan's 1980 platform
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Reagan came to the CA governorship after
@JerryBrownGov's father Pat was perceived to have failed in response to Watts, FSM, Rumford Act1 reply 0 retweets 0 likes
In his first term as CA governor, Reagan actually raised taxes substantially in the late 1960shttp://calbudgetcenter.org/blog/the-largest-tax-state-increase-in-history/ …
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