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by Asparagirl 4450 days ago
Only 15 emergency shelter beds in all of Palo Alto?! And an estimated 150 men, women, and children competing for those spots every night? That's disgusting.

Companies who have HQ's in Palo Alto: http://en.m.wikipedia.org/wiki/Category:Companies_based_in_P...

Not one of those companies, some of which are valued in the billions, could pick up the cost of sponsoring another ten emergency beds? Another five, even?

2 comments

Possibly, but they'd have to bring in their profits from offshore, and that would be taxed.
That might be something the legislature could do (Sacramento, maybe Washington) -- corporations buying municipal bonds are exempt from the tax.
Ahhh, but you see, if they were taxed, then Palo Alto would have the money to build more shelters.
Palo Alto doesn't have an income tax. Maybe California or the federal government would have the money though.
As soon as you increase number of shelter beds, you increase number of homeless in the city. For example see San Francisco. It's impossible to solve this problem locally.