San Francisco Weighs ‘IPO Tax’ to Spread Tech Wealth (We don’t think they’ve thought this through)
This will only chase business out of San Francisco. New businesses should be encouraged to business, not treated as enemies to be plundered.
(From The Wall Street Journal)
“San Francisco in 2019 is in a radically different place as a city than we were just a decade ago,” Mr. Mar said in an interview. “I think there is broad support to reset our relationship with the tech sector.”