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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Replying to @rivatez
What is advantageous for me is helping the homeless. Homelessness has become a huge problem in our city, just walk down the streets. And, our employees and customers and all of us are impacted it. We have a chance to do something to help. That’s why I am voting for Prop C.
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Replying to @Benioff
Yes I already saw from your heavily promoted tweet that if I don't agree with you or vote Prop C that I hate the homeless. This is moral blackmail. If you want to talk about your massive economic incentive to pass Prop C lmk, otherwise we can keep pretending you invented empathy.
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Replying to @rivatez
You are welcome to not agree with me. You will be in a very well known group. Your claim that there is some gain that we receive from Prop C is ludicrous. The only gain we receive is a reduction is the suffering of the homeless in San Francisco. I’d love to hear your plan.
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It’s a very fair criticism that nobody has put forward a more sane tax structure publicly yet, (
@LondonBreed maybe I just missed it?) but basically any alternate scheme would tax Salesforce more vis a vis grocers and payment co’s1 reply 1 retweet 4 likes -
Replying to @justindross @Benioff and
um, the tech industry is the one that pushed this tax structure. The banking & finance industry was not happy with it at the time we changed it in 2012 but that's what happened!https://www.reuters.com/article/us-sanfrancisco-conway/in-san-francisco-tech-investor-leads-a-political-makeover-idUSBRE89S05F20121029 …
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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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