The lefts envy and hatred leads to their demise

Bendintheriver

Well-known poster
Standard Supporter
San Fran has been interesting to watch since they put their new "moderate" mayor in place. We all know that liberals destroyed the once vibrant and beautiful city. They turned it into a hellhole that is still in insurmountable debt and facing a long climb to get it out of the shit it is in.

The new mayor got all the factions to call a truce while he got his plan together. They first had to stop businesses from leaving, clean up the city that resembled a garbage dump, decrease crime, and somehow get affordable housing started. The truce didn't last very long.

The far left wants to tax the rich at ridiculous amounts. They are going to get a ballot measure together and do their best to drive more businesses and wealthy business owner out of the city. Its like they have never learned from their past mistakes. They are certifiably the dumbest MF'ers on the planet. They can't resist their envious hatred of those who succeed. They are literally legislating their own demise. Its really unbelievable to watch.


The first year of San Francisco Mayor Daniel Lurie's administration brought calm and quiet competency to a city long defined by chaotic, insular political fighting. The Board of Supervisors, led by a new moderate majority, proved itself willing to work with - rather than against - the mayor.

Yet no one, it seems, can sabotage San Francisco like a San Franciscan. And, after a year of being on their best behavior, the city's interest groups and political factions are already returning to their old toxic patterns.

Little more than a year after business groups, labor unions, small business owners and City Hall leaders united behind Proposition M - a ballot measure voters overwhelmingly approved in November 2024 to overhaul the city's business tax structure to better reflect the realities of the post-COVID economy and encourage companies to invest here - the historic alliance has fallen apart.

Yet a coalition of labor unions and progressive political groups now say they've gathered enough signatures for a June 2 ballot measure that would raise the overpaid executive tax again - while changing its baseline to the median pay of all of a company's employees, not just those in San Francisco. This could significantly increase taxes - given that workers based here almost certainly earn more than those in other locations - and drive larger businesses out of the city.


Business groups are countering with a rival measure, which would shift an increase in the executive pay tax originally scheduled for the 2028 tax year up to the 2027 tax year while exempting small businesses with up to $7.5 million in annual revenue from paying gross receipts taxes.
 
Back
Top