To create wealth, you must identify and educate the most capable students.
The only way to pay for a large and generous welfare state is to educate the most capable to the highest level of ability. The tech industry was built by highly ambitious, competitive, risk-taking individuals.
"California collected almost $1 billion in personal income tax revenue from Palo Alto’s 94301 zip code in 2016. That was the most of any zip code in the state, according to a new LA Times analysis, which found that California’s top 1 percent of filers paid nearly 46 percent of income tax for that same year. "
The only way to pay for a large and generous welfare state is to educate the most capable to the highest level of ability. The tech industry was built by highly ambitious, competitive, risk-taking individuals.
"California collected almost $1 billion in personal income tax revenue from Palo Alto’s 94301 zip code in 2016. That was the most of any zip code in the state, according to a new LA Times analysis, which found that California’s top 1 percent of filers paid nearly 46 percent of income tax for that same year. "
https://www.kqed.org/forum/2010101867426/californias-top-1-p....