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Who will pay to protect tech giants from rising seas?

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Re: Who will pay to protect tech giants from rising seas?

#31

Post by breakfastduck »

username90 wrote: post #27
asutekku wrote: post #21

Earlier quoted context omitted.

10 billion a year of tax money can fund a lot of stuff. Just because it is a fraction of a 600 billion does not make it somehow better.

It is across the entire world, it wouldn't be used in the bay area. They already pay taxes properly for all the workers and buildings they have in the bay area, if that isn't enough then they ought to raise those taxes since they should cover the cost of operating there.

So it's not useful because it wouldn't benefit the bay area?

In fact, it's from places all over the world, significantly poorer places, where the money would stretch even further.

You're making it sound even worse.

Re: Who will pay to protect tech giants from rising seas?

#35

Post by username90 »

breakfastduck wrote: post #31
username90 wrote: post #27

Earlier quoted context omitted.

It is across the entire world, it wouldn't be used in the bay area. They already pay taxes properly for all the workers and buildings they have in the bay area, if that isn't enough then they ought to raise those taxes since they should cover the cost of operating there.

So it's not useful because it wouldn't benefit the bay area? In fact, it's from places all over the world, significantly poorer places, where the money would stretch even further. You're making it sound even worse.

The discussion is about issues in the bay area. They contribute a huge amount to the tax base there, so saying they don't pay taxes isn't fruitful to this discussion. If those taxes isn't enough to handle issues in the bay area then bay area taxes should be increased, simple as that. And if that makes tech companies leave the area then those tech companies couldn't afford to operate there, and if they can't afford it then nobody can and everyone would have to leave the area.

Edit: The main point is that nobody can say that San Francisco has less money with those tech companies operating there than they would if those tech companies left. They are among the richest places on earth and should easily be afford any measures that can be afforded anywhere.

Re: Who will pay to protect tech giants from rising seas?

#36

Post by nomoreplease »

okareaman wrote: post #19

I live near Facebook and Google. It's doesn't seem to me much of a task to build dikes. Those trillion dollar companies can pay for it themselves Costs of sea dikes – regressions and uncertainty estimates (2017) https://nhess.copernicus.org/articles/17/765/2017/nhess-17-7...

According to the article, the ones they built don’t meet federal safety standards. This is probably why it seems easy.
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