Ed Lee proposed a plan a while back to not base business tax on what we pay our employees but to look at company's revenue/sales amount, and sector. For example

Ed Lee proposed a plan a while back to not base business tax on what we pay our employees but to look at company's revenue/sales amount, and sector. For example schools would have a lower business tax. He also proposed instead of a flat tax, it would be progressive like income tax. Larger companies would pay a higher effective rate than small ones in the same sector but the Board of Supervisors didn't approve. The City of SF has trust of over $24 billion and also administers a defined benefit retirement plan for ~65,000 current & retired employees of SF. And the President of the Retirement board who manages 24 Billion I believe is not someone from Goldman or finance background but a police officer? SF priorities: Get electric bikes and scooters out of SF but create an unsafe city and homeless to walk around naked and dropping their poop and needles everywhere is okay