Facebook should give more
as its pay helps create crisis

Re: “Facebook founder’s fund pledges $250K to back affordable housing” (Page C7, July 11):

The Chan Zuckerberg Initiative is donating $250,000 to fund a campaign geared to placing on the November ballot a measure that will authorize the sale of $4 billion in state bonds to fund various affordable housing and veterans assistance programs.

Since Facebook is one of several giant, successful high-tech California companies whose generous employee pay and benefits packages help create the unaffordable housing situation, perhaps the Initiative could contribute the entire $4 billion, since the Initiative is the beneficiary of 99 percent of the couples’ Facebook shares?



READ SOURCE

SHARE

LEAVE A REPLY

Please enter your comment!
Please enter your name here