San Francisco could soon see a new tax targeting the city's largest corporations, as a coalition of labor unions launched a signature-gathering drive to qualify the so-called Overpaid CEO Act for next year's June primary.
Supporters said the measure could help prevent major cuts to city services by adding a small tax on the most profitable companies. Opponents warn it could drive businesses out of the city.
Organizers said the act is designed to take from the ultra-wealthy to help residents in need. Supporters pointed to people like Lester Bruens and his caregiver partner, Julie Fisher, as examples of San Franciscans who could benefit.
"There's a lot of fear and worry over what might happen if this doesn't pass and if we do have to face reduced income," Fisher said.
Fisher is an In-Hom

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