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A comment on San Francisco voters approve taxes on highly paid CEOs, big businesses. Parent comment

Re:San Francisco voters approve taxes on highly paid CEOs, b... by gmadsen on Thursday November 05, 2020 @03:54PM (#25001851)
not 1-1.

a personal wealth tax is not felt or distributed down lane. As long as it is not a company tax, it will not be directly pointed to the buyer.

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Re:San Francisco voters approve taxes on highly paid CEOs, b... by kansface on Thursday November 05, 2020 @04:13PM (#25002038)
> The tax will levy an extra 0.1% to 0.6% on gross receipts made in San Francisco for companies ...
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Re:San Francisco voters approve taxes on highly paid CEOs, b... by stale2002 on Thursday November 05, 2020 @04:40PM (#25002315)
> personal wealth tax is not felt

Yes it would be. A tax on salaries, would force companies to have to pay more to attract talent.

And these are additional costs that the company would have to pay.

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