image: Hyperloop TT

Hyperloop is hard at work, killing taxes and public investment

August 3, 2018

Cupertino, California is home to Apple, the world’s first trillion dollar company. It also has terrible transportation problems, as its population swells from 60,000 at night to 180,000 every day as the tech workers stream into town. So the city, like neighbouring Mountain View, home of Google, had been considering a “head tax” that companies would pay per employee.

In the end, the tax did not go ahead, and according to Business Insider, one of the reasons is the Hyperloop.

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