incremental improvement

Opinion | A muddled mess of a solution to SF’s tax crisis

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Opinion | A muddled mess of a solution to SF’s tax crisis

The political class in San Francisco has reached a consensus on a proposal to reform the city’s tax code. The proposal includes small tax cuts for large corporations, no taxes for small businesses, and aims to reduce reliance on a few big corporations to fund the city. However, the proposal is seen as incremental and not radical enough by some, with concerns about the temporary nature of the cuts, the risk of concentration among top taxpayers, and the retention of anti-business measures like the Overpaid Executive Gross Receipts Tax. Additionally, the proposal will need to be voted on by citizens in November, adding complexity to the process.

Tesla, ’s plan for affordable cars takes page from Detroit rivals

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Tesla, ’s plan for affordable cars takes page from Detroit rivals

Elon Musk’s new plan for Tesla involves using current product lines to create more affordable vehicles, similar to the strategy of traditional automakers like Ford and General Motors. This shift in strategy led to the shelving of plans for a new ,000 model and a focus on producing “more affordable” models using existing platforms. Some analysts expect Tesla to offer stripped-down versions of the Model 3 and Y at lower costs. The change in strategy has sparked a stock rise and drawn praise from investors, but also raised concerns about execution risk and the impact on Tesla’s valuation as it shifts towards being seen more as an automaker than a tech company.