Wednesday, November 7, 2018

San Francisco Passes "Homeless Tax"

Hmmm, the politicians that allowed this situation to get so far out of hand in the first place will now be the ones in charge of the revenue generated by this "homeless tax." Seems fair. 😏

It will charge corporations with revenue above $50 million about 0.5 percent in gross receipts tax, with the proceeds going entirely toward homeless programs. Budget analysts estimate it will raise between $250 million and $300 million a year — nearly doubling the amount already being spent on homeless services and housing.