If you dig into the ballot, pushing Prop C is v advantageous for Benioff. The categorization of Salesforce really minimizes his losses from gross receipt taxes. If Prop C doesn’t get passed, he may get hit with a *much* larger tax.https://twitter.com/salesforce/status/1057346952310984705 …
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at the time, SF was the only city in the state of California that based its entire business tax on payroll rather than gross receipts. also, there was a lack of clarity as to whether that payroll tax covered... stock options! https://sfcontroller.org/sites/default/files/FileCenter/Documents/788-ImproveBusinessTax.pdf …
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