There'll be an equilibrium tax rate which will maximise revenues. Should also help to reduce the housing demand...
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I’m not sure about that. I could see an equilibrium being reached if taxes could be frequently/incrementally adjusted - these are happening in ballot initiatives, which are intermittent and unlikely to reverse.
End of conversation
New conversation -
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@leehower - My understating is that the taxes are only on revenues to customers based in San Francisco.Thanks. Twitter will use this to make your timeline better. UndoUndo
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