"The measure delayed for a year, primarily because it might as well have been written in crayon. For example, it wasn't clear if the 'IPO tax' was exclusive to companies going public, or to all stock-based compensation." https://www.axios.com/newsletters/axios-pro-rata-8a676a6c-79d7-472f-b977-6bfe4a774977.html?utm_source=newsletter&utm_medium=email&utm_campaign=newsletter_axiosprorata&stream=top …https://twitter.com/danprimack/status/1151557615463358464 …
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Kim-Mai Cutler Retweeted Teddy Schleifer
Also, the supervisor who drafted the legislation did not understand the difference between vesting and exercising:https://twitter.com/teddyschleifer/status/1151537546112823296 …
Kim-Mai Cutler added,
Teddy SchleiferVerified account @teddyschleiferI was very surprised when I interviewed the SF supervisor responsible for the IPO tax that he had not seemed to really think through the implications of his proposal. https://www.vox.com/recode/2019/5/15/18618727/silicon-valley-san-francisco-ipo-tax … pic.twitter.com/V9kBAAWFAhShow this thread5 replies 2 retweets 13 likesShow this thread -
Anyway, Progressive national Dem. candidates like
@ewarren have plans that combine progressive taxation (a wealth tax) with policy that weakens exclusionary zoning.1 reply 0 retweets 8 likesShow this thread
They do not draft sloppily written legislation to dump more money into the most expensive and unpredictable housing process in the country while also leading obstruction of statewide efforts to add more housing to the city's suburban Westside.https://www.sfchronicle.com/opinion/editorials/article/Editorial-With-anti-housing-vote-SF-supervisors-13745885.php …
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