• Fight over homelessness divides Bay Area liberals, tech billionaires

    7 days ago - By Stl Today

    SAN FRANCISCO - In a city where the massive influx of highly paid technology workers has been blamed for driving up housing prices and exacerbating homelessness, the question of who should pay for a solution has sparked a politically divisive...
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  • San Francisco Approves Business Tax to Fund Homeless Services

    San Francisco Approves Business Tax to Fund Homeless Services

    7 days ago - By NY Times

    The city's tech elites were divided over the initiative, which is seen as an effort to hold their companies accountable for exacerbating the local housing crisis.
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  • Homeless ballot prop opposed by billionaire tech CEOs is winning in San Francisco

    Homeless ballot prop opposed by billionaire tech CEOs is winning in San Francisco

    7 days ago - By Venture Beat

    Prop C passed in San Francisco to provide up to $300 million of support for homeless people. Billionaire tech CEOS opposed Salesforce and CEO Mark Benioff support of Prop C.
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  • With the passage of Prop C, San Francisco homeless advocates now have $300 million in new funds

    7 days ago - By Fast Company

    After the landslide victory of the Prop C business tax, San Francisco homeless and housing advocates start planning how to make a difference.
    San Francisco has 74 billionaires, mostly from tech wealth. But the rest of the city's 99% are clearly are happy to see the super-rich put money toward the city's yawning income inequality. A majority of them, about 60% of voters, approved a new ballot initiative, Proposition C , that will funnel up to $300 million annually in new taxes on the city's wealthiest companies to getting San Franciscans off the street and/or keeping them in their homes...
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