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.
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He's fully aware that his idea is irredeemable dogshit that will kill what few small businesses remain in The City by the Gay yet does absolutely nothing to prevent it coming into force.
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