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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if Square/Stripe think the current gross receipts tax structure is unfair to them, they should take it up in whatever invariable 2020 gross receipts tax measure is run and make their case before the public. I don't think it was wise of them to oppose Prop. C.
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I wonder if property taxes would make more sense since the companies may be more likely to leave than the people.
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We all agree on more housing at all levels.
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