3 ms·
> San Francisco voters approved Proposition C last November. A month later, Square announced plans to open a large new office across the Bay Bridge in Oakland.
by briandear 7y ago
> San Francisco voters approved Proposition C last November. A month later, Square announced plans to open a large new office across the Bay Bridge in Oakland.
When you increase taxes, you drive away people that pay those taxes.
- phonebanshee 7y agoThis is, of course, absolute hogwash. If it were true Silicon Valley would have been built in a low tax, low regulation state. Blue state regulations and taxes are what enable technology companies, not the other way around.
- remotecool 7y agoThe direct result of Blue state regulations and taxes is rich and poor. The middle class is shrinking rapidly and will eventually be gone. This isn't an example I would use for the rest of the US. How exactly do taxes and regulations enable these companies? Most of these companies outright ignore regulations and incorporate in Delaware to get around some of the ridiculous taxes. Taxes and regulations only serve the rich and will keep out smaller companies that don't have the resources to compete or attorneys to get around regulations. Left-leaning people usually dislike big corporations, yet ironically support everything that keeps them in power.
- wavefunction 7y agoWhy no Wyoming Silicon Valley?
- paulie_a 7y agoThere are tech companies in Wyoming but due to the relative lower population density it will be less. But people are fleeing sv so tech bastions are sprouting up throughout the country and have been for the last ten years. Sv isn't the end all be all of tech.