From SF Mayor London Breed: "It does not include a detailed spending plan for the $300M in taxes it seeks to add, nor regular audits of that money, nor adequate public oversight over how it’s spent.

Our homelessness spending has increased dramatically in recent years with no discernible improvement in conditions. Before we double the tax bill overnight, San Franciscans deserve accountability for the money they are already paying."

Full text here: https://medium.com/@LondonBreed/statement-from-mayor-london-...

"A yes vote is a vote in favor of authorizing the city and county of San Francisco to fund housing and homelessness services by taxing certain businesses at the following rates: 0.175 percent to 0.69 percent on gross receipts for businesses with over $50 million in gross annual receipts, or 1.5 percent of payroll expenses for certain businesses with over $1 billion in gross annual receipts and administrative offices in San Francisco. A no vote is a vote against authorizing the city and county of San Francisco to tax businesses at the above rates to fund housing and homelessness services."

we should at least have the money to address the symptoms if we cannot fix the problem.

it's definitely sad to see paulg's stance on this; it just shows where his values are .

before everyone dives on the "PG hates the homeless!" bandwagon - consider that perhaps there are other reasons to oppose this bill? There can be many reasons to oppose a piece of legislation beyond simply being opposed to its stated intent.

This knee jerk reaction of claiming that Paul Graham is somehow greedy or against the homeless is disappointing. That London Breed, who ran for SF mayor on the premise of trying to fix homelessness, is opposed to Prop C is very telling.

Before San Francisco decides to spend more money per homeless person, I think we should figure out why SF is already spending so much more money per homeless person that cities like LA and New York. Just adding more money to the pot with little oversight to how it is spent doesn't seem like a good solution at all.

Sensationalist headline linking to a blatantly biased source - how about some fair discussion of the legislation instead?

saw this tweet this morning.

Text Good morning to everyone except @paulg, co-founder of @ycombinator, who just donated $150K to defeat a measure that will prevent 7,000 households from homelessness through eviction defense services & rental assistance.

Disgraceful. I'd like to believe many of Paul Gs opinions go against the incubator he founded but wow.