That dream is so not going to happen. CEOs are going to forward any tax cut to their investors. Since companies owe a fiduciary duty to their investors this should not at all be surprising.
Trump's Tax Promises Undercut by CEO Plans to Reward Investors
https://www.bloomberg.com/news/articles/2017-11-29/trump-s-t...
When is the myth that a company's fiduciary duty to its shareholders includes funnelling all profits back to them going to die?
I suppose they could also retain those profits and expand. But they didn't say that. They said they'd forward those profits to their investors. Not sure where you get a myth out of that.
Funneling all profits back to the shareholders is only a duty when there isn't much else to do with the cash, which is mostly what's happening.
Funnelling all profits back to shareholders is never a duty.
Profit is a financial benefit that is realized when the amount of revenue gained from a business activity exceeds the expenses, costs and taxes needed to sustain the activity. Any profit that is gained goes to the business's owners, who may or may not decide to spend it on the business.
The Bay Area has eclipsed NYC, at this point. Average rent in NYC is something like ~3200 last I checked, Bay Area ~3600. Depending where you live (outside of 'main' San Francisco or Oakland west of the lake) a car is also a likely requirement in the Bay Area.