Opponents of a ballot initiative to tax large companies to fund housing programs got a thorough drubbing through parody website and social media accounts.
In November, voters in San Francisco–by some measures the most expensive city in the country–will decide on a ballot measure called “Our City, Our Home” that could raise up to $300 million per year to fund subsidized housing and new services to help get homeless people off the streets. The money would come from a “gross receipts tax” averaging 0.5% on companies’ annual revenue over $50 million. That could affect about 300 firms, reckons the city’s Chamber of Commerce, who aren’t happy about it, as it has made abundantly clear in a recently launched opposition campaign called Right Priority, Wrong Approach.
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