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The City & County of SF has the seventh highest median income of all U.S. counties [0]. The GDP of the Bay Area ranks ahead of all but 16 countries [1]. If taxe
by jdavis703 7y ago
The City & County of SF has the seventh highest median income of all U.S. counties [0]. The GDP of the Bay Area ranks ahead of all but 16 countries [1]. If taxes are correlated with prosperity it'd seem as though SF had found a way to tax itself to prosperity. (Of course in reality economics and tax policy are far more complicated than this).
0: https://bea.gov/newsreleases/regional/lapi/lapi_newsrelease.htm https://bea.gov/newsreleases/regional/lapi/lapi_newsrelease....
1: https://web.archive.org/web/20171208145551/https://www.bea.gov/newsreleases/regional/gdp_metro/2017/pdf/gdp_metro0917.pdf https://web.archive.org/web/20171208145551/https://www.bea.g...
- Nuzzerino 7y agoYour argument assumes the correlation, but you're arguing that the causation exists without even establishing the correlation.
- blackflame 7y agoYou can’t ride on the coattails of FANGO (Oracle) forever. For every person doing well you have just as many doing drugs in a tent on the streets below multimillion dollar 2 bedroom lofts