@wycats I had to give up my business over tax rates, paid double making half as much as now
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@ryanflorence did you have employees? -
@wycats one, yeah. -
@ryanflorence how did your taxes double when your revenue dropped? -
@wycats The taxes I paid for my income as a business owner making about half what I make now were double what I pay now. -
@ryanflorence When was this? -
@wycats 2009 owned the business, year later in 2010 became an employee.
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@wycats Remember, you're not even close to the *marginal employer*. On supply side: will good engineers work for you regardless of tax rate? -
@rubiety there aren't enough "marginal employers" to make the tax cuts worth it. -
@wycats Not saying they are worth it, just interesting how argument for labor demand elasticity of 0 can be made so blithely. -
@rubiety because everything is cost/benefit, and tax cuts on corps have low cost/benefit if the goal is to create jobs.
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@wycats in other news I am being stupid this morning and forgot about *that* debate. Go local politics. ;) -
@timocratic cities can charge taxes that are related to the value they provide to the industry. SF provides more value to ~ than we pay tax
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@wycats about that, what's a "JavaScript engineer"? - End of conversation
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@wycats are you moving to towards js on the back end as well these days? -
@MattStopa not really -
@wycats ah OK, I hadn't seen anything as fully featured as rails on the backend that was js based so I wasn't sure if I was missing the boat
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@timocratic not sure how making business operations tax-free abroad will satisfy this concern. -
@wycats I agree. I was also thinking more of the SF specific concern: "big startups will leave, unless we change city taxes"
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