Controversial San Francisco homelessness tax passes

10:38 AM ET Wed, 7 Nov 2018

San Francisco's Proposition C, which will tax the city's biggest businesses to raise funds to combat homelessness, passed Tuesday. The measure divided the tech industry, with Salesforce CEO Marc Benioff stepping up as most vocal proponent and detractors like Jack Dorsey, Michael Moritz and Mark Pincus speaking out against it.