• Marc Benioff, Jack Dorsey Get into a Twitter Spat Over San Francisco's Homeless Problem

    7 days ago - By Fortune

    In the November election, San Franciscans will be asked to vote on what should seem like a simple question: do voters want business taxes to fund additional services and preventative measures to deal with the city's homelessness epidemic?
    It'll cost the city's businesses up to $300 million in taxes annually, and some the city's business leaders-in addition to local politicians-are deeply divided on whether Proposition C is the best method for further supporting services for the homeless and alleviating the ongoing homelessness crisis.
    Look no further than a Twitter spat between that began...
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  • Tech billionaires Marc Benioff and Jack Dorsey are clashing over a key law that could seriously impact the San Francisco homelessness crisis

    Tech billionaires Marc Benioff and Jack Dorsey are clashing over a key law that could seriously impact the San Francisco homelessness crisis

    7 days ago - By Business Insider

    A San Francisco city measure, which is up for vote in November, has caused a stir among tech elite.
    Prop C would tax the largest businesses in the city in order to fund homelessness services. It's estimated to bring in between $250 million and $300 million in revenue annually.
    Salesforce CEO Marc Benioff is a strong proponent of the measure.
    Twitter CEO Jack Dorsey took to his social network on Friday to oppose Benioff's support, though Benioff was quick to respond.
    Several of San Francisco's most powerful tech CEOs publicly locked horns on Friday over an upcoming election measure that...
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  • Marc Benioff just Twitter-shamed Jack Dorsey over San Francisco's homeless tax plan

    7 days ago - By Fast Company

    Marc Benioff has embraced a proposed business tax to fund housing and homeless programs. Jack Dorsey of taxpayer-funded Twitter has not.
    Twitter is famous in San Francisco for getting a generous payroll tax holiday to build its new home in the city. Salesforce, meanwhile, is winning notoriety for volunteering to pay extra taxes to build new homes for residents. Now the cloud software giant's unshy co-CEO Marc Benioff is challenging Twitter CEO Jack Dorsey-with, of course, a tweet-to propose his own solution. Welcome to the crazy politics of epic wealth and poverty by the Bay.
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