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Re:Silicon Valley exodus: Bay Area tech companies leaving fo... by bcheung on Monday December 14, 2020 @11:29PM (#25427018)
Funny enough, I actually agree with this, at least from an economics perspective. I'd much rather get rid of the income tax and have higher property taxes. That seems much more efficient to me.
Re:Silicon Valley exodus: Bay Area tech companies leaving fo... by lotsofpulp on Tuesday December 15, 2020 @12:44PM (#25432685)
If your goal is to have wealthier/higher income people pay proportionally more taxes than poorer/lower income people, i.e. reduce the wealth/income gap in society, then you want both income and property (specifically land value) tax.
Re:Silicon Valley exodus: Bay Area tech companies leaving fo... by charrondev on Tuesday December 15, 2020 @02:30AM (#25427903)
Move to New Hampshire then. There’s no escaping federal income taxes, but the is no state income tax or sales tax. Just a slightly higher property tax, and a lower state budget.