I still don't think you've explained how shifting solely to property taxation and away from overall income taxation would work. Your point appeared to be that r

I still don't think you've explained how shifting solely to property taxation and away from overall income taxation would work. Your point appeared to be that rich people are better able to exploit the tax code, and I don't see how that would change by shifting to just taxing property. Why not just have large income reserves and not invest in real estate? Why not just get lawyers to better help you exploit the property tax code? Taxing as a whole is not straight forward. But the idea is that you put a greater tax burden on corporate profits, prohibiting the accumulation of wealth by those who are already in possession of wealth. It's basically half-assed state-seizure of industry to make it palatable to the capitalists. >Housing prices don't escape the basic economic principles of supply/demand merely because high paying jobs are present. For pricing to become an order of magnitude more expensive other factors must be present, such as limited supply (Emphasis mine) It's not escaping supply and demand. There is greater demand than supply. This is also common in other urban areas across the country (see New York, Miami, etc) which are large job markets. SF is just particularly bad because of how poorly they address the issues. >If, on the other hand, it merely exists to cure the ills of homelessness and hopelessness as a welfare system it may become a compromised system for enabling less economic contribution in impoverished social contexts. Who cares? "From each according to his ability, to each according to his need." This isn't about getting the best economic value from the citizens. It's about taking care of other humans. The whole concept of giving people just enough to not starve but not enough to be satisfied seems like bourgeoisie nonsense to keep a lower working class. You either destroy the capitalist paradigm, or you exploit people. There is no middle ground.