San Francisco voters reject tax hike targeting large companies

Cheryl Casone explains wherefore San Francisco voters rejected Measure D, a ballot inaugural that would person raised taxes connected ample companies with highly paid executives.

San Francisco voters rejected Measure D, a arguable ballot inaugural that aimed to summation taxes connected ample corporations by calculating CEO-to-employee wage ratios. FOX Business big Cheryl Casone reports that the measure, supported by labour unions, faced absorption from Mayor Daniel Lurie and concern leaders who warned of important occupation losses, yet influencing the outcome.