Exactly, Tiktok can algorithmically identify a few 100k persuadable voters in a few battleground states and feed them the political viewpoint they favor. Thus CCP can influence our elections. Its easy do this in stealth and there is no way to prove from outside that it happened!.
We already have laws that restrict majority foreign ownership of traditional media, why cant we extend it to new media?
Yes, the marginal income taxes were high but the capital gain taxes were low, so the rich didn't pay much. For example when the top income tax was 91% in the 1950s the capital gain tax was just 25%. See the historical top income and capital gain tax rates here https://ctj.org/pdf/regcg.pdf
I agree relative to income, US housing is still one of the cheapest in the world. But abundant land don't explain it as in countries with even more land like Canada, housing is more expensive. Maybe its the substantial carrying cost of real estate in US (high property taxes) which discourages people from using it as pure store of value (like Chinese).
California actually spends less per student on education than even many poor states. For all their virtue signaling about public transport, CA don't even have universal school bus service (which is table-stake in most states). Most parents drive individually and drop kids!
Just compare the building/facilities of any top bay area public school with that of Texas. The former look like shack while the latter look like mini universities. Bay area schools still rank higher because of students and parents, its nothing to do with the state.