What if—I’m just spitballing here—we rezoned SF and the Valley for tons of new housing, and built a world class transit system for both by taxing tech companies who use the city as a bedroom community?
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You would need to do it at the state level, obviously, with Federal assistance. You're a smart person and can imagine what the tweeted outline would look like as policy.
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We just tried to upzone residential land within a 1/2 mile of all major transit stations in California to min 45-55 feet the other week and it died in committee. The Senator from Silicon Valley literally cited the coming of autonomous vehicles in his speech.

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And that if you want to do a subsidized below-market-rate unit, there’s at least a $300K per unit financing gap to cover and that the city has only ever approved $410M in its entire history for affordable housing bond money?
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No joke, you tax the workers. Pass a commuter tax to take a % of income above some amount ($100k?) for those who don’t both live and work in SF.
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CA cities do not have the legal ability to tax income. Only the state of California does and because income tax is 70% of the whole general fund and is highly volatile because it is so capital gains dependent, the state is unlikely to want to share that power with municipalities.
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Ask a contractor. We pay city taxes and fees when we do work in other cities all the time. It is absurd.
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