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How an SF Housing Nonprofit Blew Almost $500K on a Flawed Effort To ‘Tax Jeff Bezos’ Butt’ : sanfrancisco

https://old.reddit.com/r/sanfrancisco/comments/x3bj8f/how_an_sf_housing_nonprofit_blew_almost_500k_on_a?sort=controversial

Article https://sfstandard.com/politics/san-francisco-housing-todco-amazon-tax-prop-k-guaranteed-income/

In true San Francisco fashion, Prop. K might have been crafted with noble intentions, but it has since blown up in the face of its backers. It was intended to tax Amazon and perhaps some other large e-commerce companies. But because the authors apparently misunderstood both Amazon’s business and the nature of many local enterprises, Prop. K would instead ding hundreds of bars, restaurants and small brick-and-mortar retailers while draining millions from the general fund.

“So what?” Elberling said. “Because you might make a mistake, you shouldn’t do anything? That’s their argument? Yeah, well, frick that.”

Elbering doesn't live in SOMA, he just has a rent free affordable unit he doesn't pay taxes on.

https://kevin.burke.dev/kevin/john-elberling-tax-cheat/

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No one owns themselves harder than a well intentioned liberal. We're just spectators.

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"well intentioned"

Well intentioned would be spending that money on more affordable housing, not blowing it all on bad policy with no research

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