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San Francisco does not currently enforce this tax, and it does not currently collect any revenues from it, so there is no revenue to be made up. No one was even
by drusenko 15y ago
San Francisco does not currently enforce this tax, and it does not currently collect any revenues from it, so there is no revenue to be made up. No one was even aware of it until it was discovered recently.
- jeffreymcmanus 15y agoWhich makes its repeal a priority why, then?
- drusenko 15y agoBecause a lot of SF-based startups are looking to go public in the next few years. This has not been the case before.
- jeffreymcmanus 15y agoSo this is a tax cut for millionaires, then. Got it.
- drusenko 15y agoIf you want to blindly support any tax because it's a tax, and blindly hate any company that makes money because it's "an evil corporation", you are free to do so. But it's abundantly clear by the facts in this situation that this is a net positive for San Francisco.
- tptacek 15y agoIf you want to alienate people from your point of view, caricature their own views. The person you're responding to doesn't seem to support taxation for taxation's sake, and doesn't seem to believe companies that make money are "evil".
- drusenko 15y agoI agree, that response was out of line on my part. There were many better ways to phrase that.