Home > Tech Titans Weigh In On San Francisco's New Tax For The Homeless

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Tech Titans Weigh In On San Francisco's New Tax For The Homeless

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San Franciscans have voted to tax wealthy businesses to help deal with its exploding population of homeless people. According to Gizmodo, that's a disappointment to Zynga CEO Mark Pincus. Advising his followers to vote against it, he once tweeted Proposition C was the “is the dumbest, least thought out prop ever." But the 0.175 to 0.69% tax to fund housing and homelessness services doesn't bother Salesforce CEO Marc Benioff. The tax is expected to bring in between $250-300m annually, essentially doubling the city’s budget for homeless services.

Added on the 07/11/2018 22:26:37 - Copyright : Wochit

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