San Francisco split by Silicon Valley's wealth(latimes.com)

1 pointsby newnewnew13 anni fa3 comments

San Francisco split by Silicon Valley's wealth

http://www.latimes.com/business/la-fi-silicon-valley-backlash-20130814,1665375,409348,full.story?s

2 comments

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https://news.ycombinator.com/item?id=6212326

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newnewnew13 anni fa

The solution to this is for California to allow municipal income taxes. Then the city of San Francisco would be able to afford the services it needs to deal with the influx of citizens.

anigbrowl13 anni fa

SF already has a payroll tax to capture some of the revenue from financial and tech firms, which is a rather unique situation.