Remember 2019's "IPO tax?"
Well, it's back (and dubbed the less-sexy-but-more-accurate name: "stock compensation tax.") When it was intro'd last year, SF was bracing for a wave of IPOs and a sudden injection of wealth.
Now things are... different:
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If there's one thing SF knows how to do it's waste tax dollars. Why not give major employers yet another reason to leave? Soon enough there will be nobody left to tax but the poor and unemployed. Might just be the rock bottom the city needs.
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Apparently, there's something about making a lot of money that makes you want to spend everybody else's money.