Re:San Francisco: An Elitist Bubble Ignoring a Crime Epidemic?
by xrikcus on Wednesday May 31, 2023 @03:56PM
(#36143353)
The taxes are skewed towards the rich, but also towards people who want to move for work. It's a wealth transfer towards the asset rich and immobile from the workers and the mobile. It's the economic distortion that's the problem as much as the lower taxation, but certainly part of it is shifting the taxes even more heavily onto the high income earners.
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