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Local news headlines get the economic impact of Prop. D totally wrong. Please: Do the math
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Local news headlines get the economic impact of Prop. D totally wrong. Please: Do the math
Every major news outlet in the city has reported on a study by the city’s chief economist, Ted Egan, that says Prop. D, the overpaid executive tax, will hurt the local economy. Headlines: “Report says Overpaid CEO Tax could eliminate jobs and shrink SF economy.” (SF Standard). “Chief economist says Prop. D raises risk to SF’s fiscal health.” (Examiner). SF’s Overpaid CEO tax could cost city more than 900 jobs: (Chronicle). Gee, sounds awful. It…
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