from Hacker News

Big Tech: You Owe the Bay Area Reparations

by mygoodaccount on 11/9/21, 4:22 PM with 5 comments

• by PaulHoule on 11/9/21, 4:26 PM

  Isn't that what they make firms pay taxes for?

  So many bay area firms seem to think they live on sacred ground and wouldn't move anywhere else for any reason.

  If their productivity is really a function of the place, the market-based answer is to raise local taxes until they start to leave.

• by rmk on 11/9/21, 4:33 PM

  Tech employees are in the same boat as the locals: they can't own homes either, and they are constantly treading water with long hours and heavy ageism to keep making money that keeps them in the middle class in the Bay Area. It's the homeowners who have actively lobbied against any development who are the real culprits here.

  That is not to mention the utter failure of Bay Area towns to figure out mass transit that actually works, which would have averted this current catastrophe.

• by harles on 11/9/21, 4:30 PM

  This blames governmental failings on corporations, which doesn’t make sense. It also seems a lot less altruistic given the author has opted into Medium’s paywall.