If San Francisco thinks your company pays your top executive too much money compared to the low level workers, they want to punish the company and take some of their profits...

Business Tax Based on Comparison of Top Executive's Pay to Employees’ Pay

This is a referendum where the voters will decide, but this being San Francisco, a reasonable and logical "no" is in doubt...

...but if passed, say goodbye to even more companies...

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"You get the respect that you give" - cnredd

This is just more stupidity from the left in Kalifornia. It's so dumb that one could almost make the case that Texas and other Republican run states are secretly pushing for laws like this to drive business out of Kalifornia and into their arms.

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To argue with a person who has renounced the use of reason is like administering medicine to the dead - Thomas Paine

A lie doesn't become truth, a wrong doesn't become right, and Evil doesn't become good, just because it is accepted by the majority. - Booker T Washington

Neighboring communities will welcome businesses fleeing the tax.

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If Democrats were confident their nominee actually received more than 80 million votes they wouldn't have more troops occupying Washington, DC than Lincoln had defending the city during the Civil War. Not Joe Biden, Kim Jung Biden.

One has to wonder if proposals such as these are an attempt to reduce the population in California so only the elite can afford to live their, and finally have the socialistic state they have been cultivating for the last 50 years.

We've got one more sibling+spouse to get out of California. They claim 4 more years to retirement and out, but I'm thinking that they might make it 2 years. They have an RV and spend a lot of time in Kansas visiting with 2 grandsons (soon to add a granddaughter). At least they have the means to exit at will since they've already sold their house.

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Your life is the sum total of the choices you make.
If you don't laugh at yourself, a whole bunch of people will volunteer to do it for you
I never lose. I either win, or I learn....

As long as they don't bring a left wing voting history with them.

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To argue with a person who has renounced the use of reason is like administering medicine to the dead - Thomas Paine

A lie doesn't become truth, a wrong doesn't become right, and Evil doesn't become good, just because it is accepted by the majority. - Booker T Washington

In my case, if such taxes were invoked, I would have to get a raise to qualify.

Most small business have owners who take from the business, only what they need. I operated in that mode for over 35 years of miserliness, and finally have the success that would allow me to take a large salary. I don't. Far too many younger families depend on our business to meet their dreams.

I'm not special. Contrary to public opinion, it is how many, if not most, businesses operate and thrive. Companies, like GM, who don't,,,, get taxpayer funded bailouts from the Gubmit.

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I am going to hang a Batman Costume in my closet. .......... Just to screw with myself when I get alzheimer's.
sola gratia, sola fide, sola scriptura.

I AM NOT A REPUBLICAN, I AM A FREEMAN, THE DEMOCRATS WORST NIGHTMARE

A lot of Californians are moving to Tennessee, so I share that sentiment. A friend of mine has a T-shirt that says Don't California My Tennessee.

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"Freedom is not a gift from government, freedom is a gift from God." - President Trump

People have become so brainwashed that they think health comes from masks and needles.

Quarantine restricts the sick. Tyranny restricts the healthy.

Decades ago there was a saying, "However goes California so goes the nation." they were referring to style fads for clothing, music and even architecture designs. The California ranch house that dominates subdivions of the time is a good example. We all envisioned California life style with warm sun, Bellbottom pants, bikinis, and beach living. But, it never really came to reality.

Still, I worry that the politics which have ruined the sunshine life of the average California citizen, could enter and infect the states in flyover country.
Colorado, Utah, Arizona and even Texas metro areas, have succumbed.

There is a concentration of wealth in all of these states and the Blue stain of Liberalism seems to follow the money. Houston, San Antonio, Dallas, Denver, Phoenix, all suffer the socialist plague.

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I am going to hang a Batman Costume in my closet. .......... Just to screw with myself when I get alzheimer's.
sola gratia, sola fide, sola scriptura.

I AM NOT A REPUBLICAN, I AM A FREEMAN, THE DEMOCRATS WORST NIGHTMARE

The voters in San Fransicko passed it.I don't feel bad for any company that knowingly chooses to stay in a left wing loon city and gets ass raped in taxes. Because they made the choice to set up shop in that city and they most likely help election some of these crazy left wing loons into office. One of my best friends' family move out of that ****hole decades ago. So if they can do it then so can these companies who have a lot more resources that they did.


https://calmatters.org/california-di...ax-income-gap/

San Francisco voters approved a new tax that will target businesses with the most disproportionately paid CEOs.

Measure L required a simple majority to pass and was approved by 65.18% of voters Tuesday night, making San Francisco the first U.S. city to move to tax both private and public businesses based on how “overpaid” their top executives are.

The measure, introduced by Supervisor Matt Haney and backed by the board, is expected to generate between $60 million and $140 million a year in general funds starting in 2022, according to an estimate by the city. Haney said he wants most of the money to be directed towards health services.

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"There can be no divided allegiance here. Any man who says he is an American, but something else also, isn’t an American at all. We have room for but one flag, the American flag… We have room for but one language here, and that is the English language… and we have room for but one sole loyalty and that is a loyalty to the American people.”—Theodore Roosevelt

Never fear, these two are FAR from from the liberal side. They will likely end up in Kansas or a neighboring state.

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Your life is the sum total of the choices you make.
If you don't laugh at yourself, a whole bunch of people will volunteer to do it for you
I never lose. I either win, or I learn....