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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 gcheong on Thursday November 05, 2020 @05:32PM (#25002818)
So how does one "speak up" as a janitor then? I think as long as maximizing shareholder value is the dominant incentive of corporations, your job will always be at risk of being outsourced unless you have either a clear competitive advantage or a strong collective bargaining ability.
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Re:San Francisco voters approve taxes on highly paid CEOs, b... by sushid on Thursday November 05, 2020 @06:07PM (#25003089)
One would have been voting down on this stupid measure. SF has a child's notion of how to fix problems. Rich CEO bad? Tax companies for rich CEOs. Tenderloin full of shit? Create a whole new division of people with more taxes to clean up shit. It never addresses the root cause.

There won't be a Bay Area exodus anytime soon but you bet a startup is going to move out of SF when it starts to get big. The additional taxes will only hurt the companies that have a firm root here and will discourage future companies from forming in SF.

Sf wants everything to remain exactly the same in a world that's changing faster than ever. It's time to encourage new residential units, properly tax land/property, and start actually proactively fixing its problematic neighborhoods.

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