NBC Bay Area
Region: US
Wednesday 16 July 2025 06:35:00 GMT
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Diablitotattoos :
I’m sure the taxes they pay must be put into the communities they live in. Right? Right?
2025-07-16 13:18:55
384
TimJongIIL :
Let’s do a little math here: If Silicon Valley’s population is roughly 3 million, that means 2,996,700 people—99.89% of the population—collectively own just 14% of the region’s wealth. The difference in California state income tax between someone earning $70,000 and someone making over $1 million annually is only about 4%. Comparing the tax gap to the income/wealth gap is like comparing an Olympic-sized swimming pool to the Mariana Trench. Let these numbers sink in.
2025-07-16 08:05:08
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Adel.Fiore :
the silicom valley is the blame for ice
2025-07-31 07:07:54
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phattyma :
“9 households hold 15% of the wealth.” “1000th of the ppl hold 71% of the wealth.”
2025-07-16 07:01:23
435
Flickyisland :
It's genuinely surprising there's only been one Luigi type event...
2025-07-16 08:03:57
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Sara - Travel & TV 💕 :
The boomers hoarding all of the housing 💀
2025-07-16 16:31:31
114
Katharine Featherston Banks :
Living in the Bay, I am soooo feeling this. There was a time when we were doing well. Now, with the same money, I feel like we are living paycheck to paycheck. And we make good money!
2025-07-16 15:24:05
124
Mikenator :
they don't talk about the real issue. the 3rd largest income for the state is real estate. people's homes shouldn't be a business. the state needs more restrictions on purchasing/buying property.
2025-07-16 14:52:56
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Zhr aven :
Start an AI company and become the 1%
2025-07-24 19:59:11
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mentally_mental :
0.01% of population = 9 households? How? Silicon Valley's population is 3 million. 0.01% is 300. So these 9 households have a family size of 33?
2025-07-16 09:02:18
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Krown4d :
Every house is starting at 800k for non updated old houses. Most are over 1.2million again for old non updated homes.
2025-07-16 15:59:56
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redbluebae :
This is bipartisan issue
2025-07-16 08:50:10
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Mimi :
There are 110 billionaires in the Bay Area. Top 1% own more than then bottom 90% combined. And the bottom 50% have 0 or negative net worth. ( mortgag& college debt..etc)
2025-07-16 15:27:54
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³³³chicofromthebay :
the haves and the haves not. yall heard it. it was always be the rich vs the poor. Hillsborough, Atherton, los altos hills, all needa be made into sustainable urban housing.
2025-07-20 00:25:07
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freeaxes :
uh... if 9 households are .01%, then .1% is 90 households, and 100% would be 90k households total in silicon valley? that's WAY too few households for an area with 3 million people... so something is wrong with those numbers.
2025-07-16 09:08:04
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MontaukMarauder74 :
How is this news? We’ve all known this for a long time lol…..
2025-07-16 14:21:56
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Bomboclaat :
They do nothing but hold money, no investing into communities except their exact neighborhood. Cities still boast aging infrastructure, loads of underfunded schools. Maybe taxation isnt what it should be
2025-07-16 17:24:39
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abe_does_life :
the directors VP's etc at those tech companies are also the enemy
2025-07-16 14:18:44
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vmglf :
Please let’s not confuse “well paid techies” with people whose net worth is tens of billions of dollars. Making $250k is incomparable to making $300m.
2025-07-18 02:23:46
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CarrySue :
What?!? You mean the wealth of our nation has continually moved to the top? It almost like the more money & power you have, they more you’re gonna get. Who woulda thought?
2025-07-16 14:59:47
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tsunderecactus42 :
revolution catalyst
2025-07-16 16:01:59
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PTX40A :
Cool. what are the 9 address?
2025-07-16 21:43:52
10
azbycx987 :
9 households??! NAME THEM.
2025-07-16 21:33:13
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vikingswolves :
that’s interesting
2025-07-16 06:58:13
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mrhodge2002 :
I’ve come to terms that I’ll never buy a house in the area.
2025-07-16 15:56:36
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