California, a feudal, inherited state. Don't sell your house bc your kids, grandkids can keep your 70s-era tax rates http://www.lao.ca.gov/Publications/Report/3693 …pic.twitter.com/25sRais4CX
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in a single year, the value of SF housing goes up by like 2 Ubers http://blog.sfgate.com/ontheblock/2016/01/01/value-of-s-f-homes-grew-by-131-billion-in-2015/ …
it's so large that a straight income or corporate tax wouldn't be large enough (although there are also reforms that could be applied there)
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