Both of these things will happen.
San Francisco is already a very very expensive city that adds surcharges onto just about everything.
These are businesses that have already fled the communist controlled city:
Commies - difficult to compute the amount of greed and envy involved. But it's a lot.
We have 2 problems at once in this country, the socialist communist desire to take everything and the corporate greed of those with no Christian principles for business, they forgot all should serve God, not some mythical “shareholder” profit at all costs.
A business is not only about profit but also about actually employing people and adding value to the community.
“Tax the rich” but what they would prefer is that the Middle Class pay for everything.
Communists don’t want America to succeed. They are the enemy within.
Alvin Lee and Ten Years After
https://youtu.be/zEQNb17BSd0?si=h2-oMzRPoo65Z11C
A few interesting things...
Dykes and Fairies
Tell me where is Sanity?
Tax the Rich
Feed the Poor
‘Til there are no Rich no more
🤔🤔🤔
This should all work out well...
Destroying the economy...the left destroys everything it touches. Worthless human scum is what they are
Yet another example of a leftist group abusing Constitutional rights (redress of grievances) to push its agenda. The Communists swore they would defeat us using our freedoms against us, and they have achieved much success. I don't see how a free country stays free without checking these groups, but a free country has to find a way. This CEO tax is only one of dozens of control-initiatives they have pursued in recent years. How do they have standing to push any of these laws? Why is it their place to raise taxes on others? They need to be reined in.
I thought the current mayor was part of this “moderate” group?
Politician - D isgusting
I guess they'll be moderately successful. Maybe just existing is a plus in SF. No doubt the usual names will be applied to them.
Really rich people would be wise to merely rent.
Why single out corporations?
What is the pay gap between star athletes and the ticket takers and concession stand operators?
What is the pay gap between rock stars and the people who set up the equipment?
And finally how much of the pay gap is deferred salary or options that depend of the success of the company?
Money for nothing and trans for free.
This ‘CEO tax” actually penalizes the companies like Walmart or grocery chains the most.
Techies usually pay most of their workers well, and they can just outsource all the janitors etc., to avoid it.
Small companied do not pay CEO’s that much.
Both of these things will happen.
San Francisco is already a very very expensive city that adds surcharges onto just about everything.
These are businesses that have already fled the communist controlled city:
The COE tax will probably hurt the SEIO the most.
Companies will either exit SF, if they are too big, or outsource all the low level jobs to some other outlet, which will probably pay their employees even less!
Taxes always make it better. Especially in liberal cities. Don’t go wobbly SF. Stick it to those greedy CEOs.
They’ve funded and helped the rabble, created a monster; now they are trying to kill it. SMH.