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Wealthy AI workers send San Francisco house prices soaring

bbc.com

1–10 of 76 posts

Re: Wealthy AI workers send San Francisco house prices soaring

#5

[flagged]

If you have enough money to inflate the local housing market, you forfeit the right to be upset when people… point out that you are inflating the local housing market.

But I guess that’s to be expected of the modern tech elite. Unlike the financiers of the past they insist on having their cake and eating it too.

Re: Wealthy AI workers send San Francisco house prices soaring

#8

Anything except building more housing, it seems. We'll see how the recently passed housing bill goes however.

They're working on it:

Plans for nearly 4,000 homes over Safeways divide Bay Area residents

https://skybrian-links.exe.xyz/post/871

Re: Wealthy AI workers send San Francisco house prices soaring

#9
post #6

Obviously the solution is an ai-funded-house-wealth-tax. I'm in favor of a politician tax, and an attractive people tax (I'm not worried, I will use my tax receipt for virtue signalling)

Why hasn't AI proposed the ultimate "fair" taxation scheme?

Re: Wealthy AI workers send San Francisco house prices soaring

#10
post #9
post #6

Obviously the solution is an ai-funded-house-wealth-tax. I'm in favor of a politician tax, and an attractive people tax (I'm not worried, I will use my tax receipt for virtue signalling)

Why hasn't AI proposed the ultimate "fair" taxation scheme?

We already have expert consensus on what’s the best taxes, people just don’t like the answer: https://www.npr.org/sections/money/2012/07/19/157047211/six-... (“Three. Eliminate the corporate income tax. Completely. If companies reinvest the money into their businesses, that's good. Don't tax companies in an effort to tax rich people.

Four. Eliminate all income and payroll taxes. All of them. For everyone. Taxes discourage whatever you're taxing, but we like income, so why tax it? Payroll taxes discourage creating jobs. Not such a good idea. Instead, impose a consumption tax, designed to be progressive to protect lower-income households.”).

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