Marc BenioffREUTERS/Mike Blake
On Tuesday, San Franciscans will vote on the controversial Proposition C ballot measure, which would tax the city’s largest corporations to provide more funding to fight homelessness.
Heated debates between tech executives have been the center of the Prop C story, with Salesforce CEO Marc Benioff leading the charge in favor of the tax. Notable Twitter battles include the slick-haired cloud exec taking on Square CEO Jack Dorsey and Zynga co-founder, Marc Pincus.
Both Dorsey and Pincus have said they want to help fight homelessness in San Francisco, but don’t believe Prop C is the answer.
Many other tech executives and entrepreneurs across Silicon Valley have made their stances public on Prop C as well.
Here’s a list of those for and against the corporate tax to help fight homelessness in San Francisco:
Jack Dorsey, CEO of Twitter and Square
“I admit that while I come at this as a citizen first, there’s an unfairness I see in my role of CEO of Square (this does not apply to Twitter). Companies like Square and Stripe would be taxed at a significantly larger total contribution than much larger companies like Salesforce… We’re happy to pay our taxes. We just want to be treated fairly with respect to our peer companies, many of whom are 2-10x larger than us,” Dorsey said in a tweet thread on Prop C back in October.
Patrick Collison, CEO of Stripe
“We often criticize political leaders for lacking courage. Let’s applaud them when they take nuanced stances that won’t be uniformly popular: kudos to @LondonBreed, @Scott_Wiener, and @DavidChiu. Prop C is poor policy,” Collison said in a tweet.
Stripe also released an official letter on its opposition to Prop C.
Paul Graham, Y Combinator co-founder
Graham, whose title on the Y Combinator website reads “Founder, Retired,” simply retweeted Patrick Collison’s tweet linking to Stripe’s stance on Prop C. According to SF County records, he’s donated $150,500 to oppose the proposition.