The controversial San Francisco homeless tax that pitted tech billionaires Marc Benioff and Jack Dorsey against each other passes

The controversial San Francisco homeless tax that pitted tech billionaires Marc Benioff and Jack Dorsey against each other passes

6 years ago
Anonymous $L9wC17otzH

https://www.cnbc.com/2018/11/07/san-francisco-proposition-c-homeless-tax-passes.html

The controversial San Francisco "homelessness tax" that divided the tech industry passed, according to poll tallies Tuesday night.

Proposition C will increase gross receipts taxes for companies with more than $50 million in annual revenue by an average of .5 percent, generating up to $300 million a year to combat the city's homelessness crisis through initiatives like new beds in shelters and increased mental health services.