So if a company pays its CEO less, will they get a tax credit? Unlikely. With coronavirus, why does a company need to have a San Francisco HQ? Simply move the headquarters to Las Vegas, Reno, or Texas, and hire remote.

To my knowledge, there aren’t too many hardware companies in San Francisco; they are mostly companies they have employees that sit at computers typing stuff or calling people. Other than cachet, why would a company choose to locate in the city limits? The tax is admittedly rather small, but being in San Francisco is a death of a thousand cuts.