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Proposition C, a measure which will duty San Francisco’s largest fellowships in order to combat homelessness, passed on Tuesday. Salesforce CEO Marc Benioff has been a vocal supporter of Prop C and hailed the win in a tweet. Prop C would target Salesforce, which Benioff has estimated will pay between $10 million and $11 million a year.
Marc Benioff has tweeted jubilantly following the success of Proposition C.
The tax scheme was voted through on Tuesday during the US midterms. It will taxation big-hearted San Francisco companies whose egregious annual receipts total $50 million to raise money to combat the city’s homelessness crisis.See the rest of the fib at Business Insider
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