California could cut the state taxes independently which are already anyway the highest in the country.
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And then that would.... cut education? Low income health care? Fire services? Prisoner rehabilitation, what? What would you like to cut?
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We don’t have the right property rights, tax system for an HK-style system to function in CA. When we invest in transit infrastructure, all the surrounding private land owners get to appropriate most of the appreciation in real estate (that they didn’t earn).
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HK captures it bc they’re typically the landlord around the new station or line being built. They likely lose on fares but gain it back in rents.
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@BorisLipkin, who might answer some of your questions. - End of conversation
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Do you think it requires more public infrastructure to run New York City than rural Kansas?
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Washington has among the top 5 highest local and state sales tax rates in the country. Its burden on the median household appears to be higher than CA, which has a top heavy tax structure.
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Yes they’re already at the bone after 40 years of Prop. 13 so why destroy is further? CA is a high income tax state because its voters capped property taxes a generation ago.
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@sightline “WA-like efficiency” you mean the state that courts found in contempt for chronically underfunding K-12 education in the McCleary case. OK. https://www.seattletimes.com/seattle-news/education/supreme-court-orders-100000-per-day-fines-in-mccleary-case/ …Thanks. Twitter will use this to make your timeline better. UndoUndo
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