4 ms·
We had 7 years of budgets with that tax before things got better, so it seems unlikely this made the situation better. In fact it seems to have made things much
by mgraczyk 1y ago
We had 7 years of budgets with that tax before things got better, so it seems unlikely this made the situation better. In fact it seems to have made things much worse.
- boulos 1y agoThe percentages and methodology changed over time though (this was the big argument between Benioff and Dorsey, since gross receipts ignoring business model and margins hit very differently). Same thing the large transfer tax changes, vacancy taxes, etc. The inflation adjusted budget is definitely higher.
- mgraczyk 1y agoI think we are not disputing the same claim. I claim the city is much better now than 1 year ago, and spending more cannot explain that difference because large increases in spending did not happen 1 year ago and have not helped in the past.