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Taking money from billionaires might feel good to some, but its going to the government, not to you directly. Its worth asking how well will the government spen
by zaptheimpaler 6y ago
Taking money from billionaires might feel good to some, but its going to the government, not to you directly. Its worth asking how well will the government spend it?
See the outdated and poorly maintained infrastructure in the US (or San Francisco as a particular example), ridiculous healthcare costs, the $5T they just borrowed from taxpayers for COVID bailouts or the insane amount of military spending.
I don't think its a coincidence that CA is introducing this tax just as govt. took on a ton of debt to pay for COVID relief and people started fleeing SF. California has squandered whatever money they made over the entire tech boom with no real improvement to public infra to show for it, so where did it all go? Do we want to send more money down that black hole?