San Francisco recently passed Homeless Aid Act
San Francisco voters have recently approved a tax increase on large businesses in order to provide more services for the homeless, which is something the mayor opposed. As reported recently on Finance & Commerce’s website, Proposition C, the ballot initiative, proposes an additional tax of at least 0.175 percent on businesses’ gross receipts over $50 million to put out nearly $300 million a year for homeless aid, almost doubling the city’s current funding. An estimated 60 per
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