[jlmorton]

Pretty hard to claim this when Visa decided to massively expand their Global HQ in San Francisco after Prop C passed.

The pandemic has thrown things in a wrench, but prior to the pandemic, San Francisco businesses were constrained only by commercial real estate. There was literally no space left to put any new businesses.

We've been collecting Prop C revenues since March 2019, and they are exactly as forecast.

[aeternum]

A gross receipt tax is relatively difficult to evade. A company generally cannot avoid the SF tax without also foregoing the associated SF revenue.