When we taxed high end real estate sales in SF we were told the sky would fall. It didn’t. Here are 3 other taxes rich people would barely notice: increase capital gains tax, create stock transaction tax, lower the ever-growing estate tax exemption (now $11.5m) Tax. The. Rich.
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For an economics justice advocate you don't know a damn thing about economics. Zero public programs would exist without the rich. They are the most philanthropic as well as largest contributors tax-wise.
I guess the plan is to let SF run out of its own money and then wait for federal bailout.
