Garry Tan
@garrytan · 28. Jan. 2026
The "Overpaid CEO Tax" in SF is actually a "Say Goodbye to Your Local Safeway & Walgreens" Tax
Despite its populist branding, the "CEO tax" doesn't actually tax CEOs. It's a gross receipts tax on total revenue from transactions in San Francisco . The proposed measure would raise the
GrowSF@GrowSF· 26. Jan. 2026The tax on the June ballot that people are calling the “CEO tax” doesn’t tax CEOs. It hits the revenue of companies like Safeway, and grocery stores will raise prices to cover it.
Don’t be fooled by the branding: this makes food more expensive.
Elon Musk
@elonmusk
Wow
13:58 · 29. Januar 2026 · 40.841 Aufrufe
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