Reminds me of an old Soviet joke. The government made vodka more expensive, so son walks up to his alcoholic dad and says, "Gorbachev made vodka more expensive,

Reminds me of an old Soviet joke. The government made vodka more expensive, so son walks up to his alcoholic dad and says, "Gorbachev made vodka more expensive, dad, so you'll now drink less!" To which dad responds, "No, son, you'll just eat less". The CEOs that don't move out of SF will just reallocate some employee promo budget to executive comp budget to make up the difference. It's a populist measure that at best will do nothing, and at worst will reduce the SF tax base.