Hacker News new | ask | show | jobs
by imtringued 1596 days ago
You should worry about the federal tax "spigot" instead. It does not take very many brain cells to understand that taxes are collected everywhere and paid out wherever politicians want leading to geographical inequality.

Interest rates and capital gains kinda act like a tax as well because wealthy people concentrate in a few high profile cities and are not spread out like local bank branches.

Oh and land is a natural monopoly so land owners get their cut as well.