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Median household wealth in the US is less than $100k, so 5x would be half a million. So I guess the question is, do you feel bad about the family farm that tur
by mac01021 6y ago
Median household wealth in the US is less than $100k, so 5x would be half a million.
So I guess the question is, do you feel bad about the family farm that turns out to be worth 1 or 2 million?
("No" is a legitimate answer, but probably a rather controversial one)
- labster 6y agoIt seems like there ought to be a happy medium between taxing nearly all homes in California at 100% and the Prop 13 level of 1%/max 2% inflation.