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  • Income Distribution in the US
    How is our income distributed? Well, it is pretty concentrated. How concentrated? Take a look.
  • Progress and Poverty, by Henry George
    Here are links to online editions of George's landmark book, Progress & Poverty, including audio and a number of abridgments -- the shortest is 30 words! I commend this book to your attention, if you are concerned about economic justice, poverty, sprawl, energy use, pollution, wages, housing affordability. Its observations will change how you approach all these problems. A mind-opening experience!
  • Wealth Concentration Tables from 2004 SCF: Bottom 90%, Next 9% and Top 1%
    Aggregated data by net worth quantile, for various kinds of wealth. With calculations you won't find anywhere else!
  • Wealth Concentration Tables from 2004 SCF: 50-40-5-4-1
    These tables show how concentrated the ownership of various kinds of assets are. With calculations you won't find anywhere else! This version is less aggregated: Bottom 50%, Next 40%, Next 5%, Next 4% and Top 1%.

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  • Henry George: Progress and Poverty: An inquiry into the cause of industrial depressions and of increase of want with increase of wealth ... The Remedy
    This is perhaps the most important book ever written on the subjects of poverty, political economy, how we might live together in a society dedicated to the ideals Americans claim to believe are self-evident. It will provide you new lenses through which to view many of our most serious problems and how we might go about solving them: poverty, sprawl, long commutes, despoilation of the environment, housing affordability, wealth concentration, income concentration, concentration of power, low wages, etc. Read it online, or in hardcopy.
  • Bob Drake's abridgement of Henry George's original: Progress and Poverty: Why There Are Recessions and Poverty Amid Plenty -- And What To Do About It!
    This is a very readable thought-by-thought updating of Henry George's longer book, written in the language of a newsweekly. A fine way to get to know Henry George's ideas. Available online at progressandpoverty.org and http://www.henrygeorge.org/pcontents.htm

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« Tax Rolls Reveal Cars Of The Rich (But Not Horses) | Main | The Land Questions: #34 -- land and slaves for widows »

March 04, 2012

Letter: Reform Proposition 13

Letter: Reform Proposition 13.
Letter: Reform Proposition 13
March 03, 2012, 05:00 AM Letter
Editor,

How ironic that Silicon Valley, the very center of innovation and creativity envied the world over, is saddled with California’s outmoded form of taxation that rewards the status quo and punishes originality.

Because of the inherent inequities of Proposition 13, older companies such as IBM that have owned property for generations, pay one-tenth the property tax paid by new companies such as Google and Facebook. Congratulate Emmett Carson of the Silicon Valley Community Foundation for having the courage to suggest at this year’s State of The Valley Conference that it is time to discuss reforming Proposition 13. A large majority of the approximately 1,000 people attending agreed in an informal poll.

Silicon Valley’s and California’s children deserve better funding than our current 49th in the United States. It’s high time for us to compel our elected officials to exhibit leadership and spearhead meaningful reform of Proposition 13.

Kaia Eakin
Redwood City

Posted on March 04, 2012 at 10:50 PM in Proposition 13 |

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