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kimmaicutler's profile
Kim-Mai Cutler
Kim-Mai Cutler
Kim-Mai Cutler
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@kimmaicutler

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Kim-Mai CutlerVerified account

@kimmaicutler

Partner at @initialized. Previously @techcrunch. When life hands me lemons, I make tarte au citron.

San Francisco
medium.com/initialized-ca…
Joined April 2008

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    Kim-Mai Cutler‏Verified account @kimmaicutler 19 Jul 2017
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    Kim-Mai Cutler Retweeted

    In California's monumental housing shortage, we effectively tax the bread bakers while subsidizing the bread hoarders. https://twitter.com/Marlon_Boarnet/status/887673943380811780 …

    Kim-Mai Cutler added,

    This Tweet is unavailable.
    12:45 PM - 19 Jul 2017
    • 13 Retweets
    • 62 Likes
    • Fed Simon Fraser A.J. Carrillo Maya Wallace Brian Goggin Vaibhav Mallya Vijay Pandurangan Comharsa Paavo
    4 replies 13 retweets 62 likes
      1. New conversation
      2. Kirk Byers‏ @kirkbyers 19 Jul 2017
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        Replying to @kimmaicutler

        Are there data/studies on this? I would expect there was probably a pretty high-correlation between home owners and high-income taxes.

        1 reply 0 retweets 0 likes
      3. Kirk Byers‏ @kirkbyers 19 Jul 2017
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        Replying to @kirkbyers @kimmaicutler

        ...but definitely assumptions on my part.

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      1. Kirk Byers‏ @kirkbyers 19 Jul 2017
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        Replying to @johnvmcdonnell @kimmaicutler

        Yes, but what is the correlation between high-income earners and home-owners (i.e. is the group of people paying most of the income tax)...

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      1. Kirk Byers‏ @kirkbyers 19 Jul 2017
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        Replying to @johnvmcdonnell @kimmaicutler

        ...the same group of people that is not being taxed more property tax because of Prop13.

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      2. Kirk Byers‏ @kirkbyers 19 Jul 2017
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        Replying to @johnvmcdonnell @kimmaicutler

        Above she is claiming there is a wealth transfer from income tax payers to property tax payers (at least if I am reading it right)...

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      3. Kirk Byers‏ @kirkbyers 19 Jul 2017
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        Replying to @kirkbyers @johnvmcdonnell @kimmaicutler

        ...this presupposes it is not largely the same group of people (interested in if anyone has data on that).

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      4. End of conversation
      1. Dominik Zane‏ @dom_zane 19 Jul 2017
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        Replying to @kimmaicutler

        I recently thought there is no housing issue 2 hours outside SFbay or LA. Maybe we don't need a *California* fix, we need a SFbay/LA fix?

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      2. Kirk Byers‏ @kirkbyers 19 Jul 2017
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        Replying to @johnvmcdonnell @kimmaicutler

        Yes Prop13 creates a huge amount of distortions...I am not disagreeing with that at all.

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      3. Kirk Byers‏ @kirkbyers 19 Jul 2017
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        Replying to @kirkbyers @johnvmcdonnell @kimmaicutler

        ...but her proposition above regarding "bread bakers" versus "bread hoarders" isn't nearly as strong if the two groups are highly correlated

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      4. End of conversation
      1. Tuan‏ @tuantyone 19 Jul 2017
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        Replying to @kimmaicutler

        Right. City expenses go up but tax revenue remains flat unless homes sell. Housing supply restraint means city budgets dwindle.

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