this post was submitted on 11 Jul 2023
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In theory that should mean more tax revenue for San Diego, but then we’ll have to rely on our politicians not being corrupt and actually using the money for public services…
How does increased rent generate tax revenue for the city/county? I help manage properties and the owner pays more state and federal taxes if their income increases but they don't pay an income tax to the city or county.
They’ll buy more things locally, more sales tax.