It will add $380m a year and double the $12k per person spent now. 60 pct of sf homeless are from out of state. This will only go up. Theres a reason @GavinNewsom and @LondonBreed are against it.
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The real policy question is do we want large companies outside of sf and will that reduce pressure on housing. Where are you on that?
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my position has been pretty consistent for years. If we add jobs, we should add commensurate amounts of housing. At the same time, while building more housing is absolutely necessary, it is not sufficient for the lowest income quintiles, which still need public subsidy.
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Actually the equity payroll issue came up later and
@zynga advocated to remove bc its not assessed in any city and would have driven every major company out of city prior to going public.Thanks. Twitter will use this to make your timeline better. UndoUndo
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This is a key victory for Conway and technology firms that often hire up before finding revenue-making business models. “In the long run this makes this city a magnet for technology companies and jobs, especially entry-level jobs,” said Conway in 2012 https://www.forbes.com/sites/victoriabarret/2012/11/07/payroll-tax-be-gone-angel-investor-ron-conways-discusses-election-victory-in-san-francisco/amp/?__twitter_impression=true …
Thanks. Twitter will use this to make your timeline better. UndoUndo
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