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SEQUENCE:18826297
CREATED:20121120T033900Z
DESCRIPTION:Texas is the favorite home and destination of business folk and businesses 
 according to the business community itself. Why? Because there is no state 
 income tax. There is a state sales tax of 6.25%, but that compares 
 favorably with California's Prop. 30 rate of 7.5%.\n\nThe primary reason 
 Texas can afford no state income tax is because it levies a significant 
 severance tax on oil production. California doesn't have a severance tax on 
 oil production in despite of being the #3 oil producing state.\n\nCome 
 along on a walk that blends SF social movement history with the white-hot 
 1879 San Francisco social philosophy advocating the equivalent of a 90% 
 severance tax on timber, oil, and urban land ownership. That philosophy was 
 so hot UC Berkeley suppressed its teaching (and still does) in 1880; so hot 
 Karl Marx condemned it; so hot former Senator Phil Gramm of Texas publicly 
 vilified it and its progenitor in 2002; so hot Jim Hightower urged 
 progressives keep silent  about it; so hot it nearly melts New York's Wall 
 Street gang because it emanates from the poem Emma Lazarus wrote just 
 before she penned The New Colossus which is graven on the base of the 
 Statue of Liberty; so hot it would bankrupt Dianne Feinstein's husband, 
 Richard Blum; so hot it would lower rents in San Francisco by 20%; so hot 
 it would raise enough public revenue to obviate the need for a state income 
 tax and state sales tax; so hot it would make California at once the most 
 business friendly, labor friendly, and social programs friendly state  
 north of the equator.\n\nAnd, good golly, the walk's free!\n\nThe Giant's 
 ain't got nuthin' on this San Francisco story, fog-bathers; come out and 
 rub some good stuff all over your brain.\n 
 https://www.indybay.org/newsitems/2012/11/19/18726027.php
SUMMARY:Prop. 30, Texas vs. California business friendliness walking tour
LOCATION:American Youth Hostel\n312 Mason St.\nSan Francisco
URL:https://www.indybay.org/newsitems/2012/11/19/18726027.php
DTSTART:20121124T173000Z
DTEND:20121124T200000Z
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