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San Fransico to tax business..

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  • San Fransico to tax business..

    to raise money for the poor. (Good way to make sure business's leave the city, if not state!)

    https://www.newsmax.com/newsfront/sa.../07/id/889768/

    San Francisco voters approved a plan to tax big businesses in the city to raise as much as $300 million a year for programs for the homeless.

    The measure, called Proposition C, won by a vote of 60-40 percent, according to the San Francisco Chronicle.

    It is designed to charge companies with revenue above $50 million about 0.5 percent in gross receipts tax, the newspaper said. The money will go entirely to homeless programs – and almost double the amount already being spent on housing and services for the homeless.

  • #2
    Sf and California is going to need more than that to help the poor...

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    • #3
      Originally posted by Ivan le Fou View Post
      Sf and California is going to need more than that to help the poor...
      Soylent green scoop trucks is the investment future for SF

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      • #4
        San Fransico is in such a deplorable state, people can’t even spell the city’s name properly.

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        • #5
          There is some debate about whether it legally passed as city initiated referenda like this need a 67% affirmation to pass - so the role played by the city is going to be crucial in the inevitable judicial review.

          The California Constitution requires that "special taxes"—those dedicated to funding a specific government program—must be approved by two-thirds of voters. That would seem to invalidate Prop. C, which garnered only 60 percent of the vote.


          However, in August 2017, the California Supreme Court ruled that some constitutional limitations on ballot initiatives only apply to those measures placed on the ballot by local governments, and not to citizen initiatives that earn their spot on the ballot through signature gathering campaigns. While that particular case did not specifically address voting thresholds, it has nonetheless provided ammo for those claiming that special taxes put on the ballot as citizens initiatives—which would include Prop. C—need only a simple majority approval.

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          • #6
            Paradoxically its a techy city bent on eliminating the last person on the production line.

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            • #7
              We have received reports of users of PlayStation 4 in Chicago having received emails notifying them of soon being subject to Chicago’s 9% Entertainment Tax.

              https://nichegamer.com/2018/11/08/ch...station-users/

              Blue state madness.

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              • #8
                San Fran-syph-co..

                Cali-dunga.......

                It's not the place you wanna be.....

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                • #9
                  So the $15.00 minimum wage (was it SF?) is preventing small innovative businesses from popping up and now this Homeless Tax will start driving off large businesses. Wow, SF already has a massive problem with homeless crimes, biohazards, and weak law enforcement, now they want to kill all businesses in the city and put more people out on the street.

                  Originally posted by Kilgor View Post
                  We have received reports of users of PlayStation 4 in Chicago having received emails notifying them of soon being subject to Chicago’s 9% Entertainment Tax.

                  https://nichegamer.com/2018/11/08/ch...station-users/

                  Blue state madness.
                  This fucking state just wants to piss off every taxpayer.

                  Thank God I’ll be moving soon.

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                  • #10
                    Originally posted by HisRoyalHighness View Post
                    So the $15.00 minimum wage (was it SF?) is preventing small innovative businesses from popping up and now this Homeless Tax will start driving off large businesses. Wow, SF already has a massive problem with homeless crimes, biohazards, and weak law enforcement, now they want to kill all businesses in the city and put more people out on the street.



                    This fucking state just wants to piss off every taxpayer.

                    Thank God I’ll be moving soon.
                    San Fransico is unaffordable.

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                    • #11
                      Let's be serious for a second. California is the best place on earth and you are all just jealous everywhere else is a shithole

                      Sincerely,

                      Jonathan

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                      • #12
                        Originally posted by J.Noah ה View Post

                        San Fransico is unaffordable.
                        Yeah, it’s absolutely ridiculous.

                        If you’re not hyper rich or homeless, the taxes and housing are beyond the Moon. I’m surprised if people don’t start willingly becoming homeless just so they can afford to live there.

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