• zabadohOP
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    8 days ago

    This one’s going to be very important.

    Segal sounds like a capable guy, but it’s not clear what his capabilities in a turnaround situation are as all of the positions he held before were with stable companies, as opposed to a government with devastated revenue.

    San Francisco will have to revamp its tax base from the ground up, because it was so dependent on the employment taxes and other spending that the now-decimated horde of downtown office workers generated.

    And of course all that has to go before the Supervisors and ultimately to voters to change the tax bases, which isn’t easy in California.