Posted on 07/17/2018 7:09:07 AM PDT by yesthatjallen
San Francisco residents will vote this November on whether the city should increase taxes on large businesses to pay for the homeless and housing services, according to the Associated Press.
The news outlet reported that the city elections department verified on Monday that supporters of the measure had collected the required amount of signatures to place it on the ballot.
If passed, the measure would raise more than $300 million annually for housing and shelter beds for people who are homeless or at risk of becoming so. Up to half of the money would go towards permanent housing, and about a quarter would go towards mental health services.
The AP notes that the $300 million figure doubles how much San Francisco currently spends on its homeless population.
The funds would be generated from an average half-percent tax increase on companies’ revenue above $50 million each year, according to AP.
“I think the city is really ready for this,” Christin Evans, a San Francisco small-business owner and one of three petitioners on the measure, told AP. “We have a lot of momentum behind us, and more than a majority of the voting population is renters. We’re polling very well.”
The AP reports that it remains unclear which businesses would be impacted by this policy if it passed. Jim Lazarus, senior vice president of public policy for the San Francisco Chamber of Commerce, told the news outlet that about 1,000 businesses in the city make more than $50 million per year.
Companies such as Twitter, Uber, Google and Apple could be affected.
AP notes that the Mountain View, Calif., City Council also placed a measure on the November ballot asking voters to authorize a tax on Google and other companies with employees in the city.
Now the so called 'progressive' liberals want businesses to pay for the consequences of their 'progressive' path of destruction.
Of course. Because everything else we have done to appease these groups has worked so well.
Should use the money to buy a bunch of high pressure water trucks to clean up the sewage on the sidewalks and streets.
Sure. Fund bureaucrats to cater to the homeless. That’ll solve the problem. /s
Collectivists can only play one tune on their fiddle: the tax hike waltz.
Reason 816 why I’m glad I don’t live in Cali. With all due respect,of course, to FReepers who do.
If you want less of something ... tax it.
If you want more of something ... subsidize it.
Prepare for less business and more poop.
Frisco should check with Seattle about how the business “head tax” for the homeless worked out for them.
>>Now the so called ‘progressive’ liberals want businesses to pay for the consequences of their ‘progressive’ path of destruction.
The businesses have only themselves to blame for it.. They chose to remain in that communist sh*+hole.
Do they have portapotties? I know it is tacky to have a bunch of them around but much more preferable to the alternative.
I feel very sorry for anyone in business in SF. Used to live a few miles from there in late 70’s (Fairfield). The town was so beautiful back then.
What a shame.
I don’t see this passing.
My suggestion would be pull up a bus each day, and pick fifty ‘freeloaders’ and bus them an hour east of SF...to some state forest area. Put a fence...some barracks-like structure, and feed them three meals a day...with no access to drugs. Once they’ve completed a full year of rough-rehab, you offer a chance to exit and get a real job.
It worked sooooo well in Seattle!
Typical liberal response: Don’t address the problem, perpetuate the problem by making jobs more scarce. Years ago, companies were leaving the Rust Belt in droves for cheaper, often non-union, labor in the South. Ohio passed an Exit T
ax under Gov. Celeste saying that any company that closed its doors had to leave 6 months wages behind to offset the unemployment costs. Very shortly thereafter, they noticed there we no new company startups in the state. To their credit, they quickly cancelled the law. I wonder if SF is as smart?
They manufactured the rope being used to hang them.
Amen, amen, amen!
The solution to our overtaxed local mom&pop and brick and mortal stores not being able to compete with internet businesses is NEVER lower their taxes, but to create from whole cloth a mechanism to force remote businesses who in no way have representation nor will benefit in any way from the funds to become their unpaid tax collectors.
Huh?
What's next? A tax on companies with customers in the city?
Wells Fargo was not consulted, however an ex vice president of Wachovia now working for the bank agreed that companies such as his should step forward to help the thousands of homeless adrift in the deadly urban wilderness.
The money is given to so-called “homeless advocacy” groups. Very little actually goes to help the homeless.
It’s all a scam.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.