High Tech Leaders Compete for Chronic Homelessness



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Two of the world's biggest tech leaders are not agreeing on how to reduce homelessness in San Francisco, a city where extreme wealth shines alongside some 7,500 people living in the street. guardian reports.

The issue is a high-income urban business tax bill supported by Salesforce director Marc Benioff, whom Twitter director Jack Dorsey is opposed to. "I want to help solve the problem of homelessness in SF and California" tweeted Dorsey Friday, but this tax is not "the best way to do it". Benioff Retorque: "What programs for homeless people do you support in our city? Can you tell me what Twitter and Square & you are considering & at what financial levels?" Dorsey calls Benioff's questions "distract" while Salesforce CEO scolds his executive mate to fight "a relatively small tax". Called Proposal C, the voting measure would tax large city businesses in varying amounts – about 0.5 percent of gross revenues of companies earning more than $ 50 million per year, per value chain.

The goal: raise up to $ 300 million a year for shelter beds, mental health care and housing, which would double the city's current funding. But the new mayor of San Francisco, London Breed, also opposes Proposal C, citing issues of liability and supervision, as well as possible layoffs or companies fleeing the city.

Moreover, Twitter is one of the companies benefiting from what is called "Twitter Tax Relief" to have offices in more difficult neighborhoods, according to CNBC. Now, Benioff, Dorsey and Breed are jostling each other: "We're all talking now and lined up to solve this problem …" tweeted Dorsey later Friday.

"Will everyone know?" (This homeless man charging a phone to Dunkin's had a bad surprise.)

This article was originally published on Newser: CEOs of Tech Top Bicker on Chronic Homelessness

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