For those who ascribe to progressive values, the results of yesterday’s US midterm elections will undoubtedly be heartening. One positive development, besides the Democrats wresting control of the House of Representatives from the GOP, is the passage of Proposition C in San Francisco. This proposal, which was approved by 60 percent of voters, seeks to levy a tax on the city’s biggest employers in order to address the deplorable spate of homelessness in the unofficial global tech capital. In a nutshell, Proposition C raises the gross receipts tax charged to big businesses (defined by those with annual gross receipts of…
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