The cities problem isn't revenue, there are plenty of much better managed places that are nicer than San Francisco, without the massive tax base that the city enjoys. The people should be embarrassed at the state of the city. There are pretty clearly major systematic issues.

The city is trying to address a bunch of societal issues, while failing at the basics. There is a reason it's considered the worst run big city in the US [1]. Why should people that are already paying very high taxes pay even more, or address other peoples problems directly? I don't really see how this problem somehow belongs to the tech industry.

1: http://www.sfweekly.com/2009-12-16/news/the-worst-run-big-ci...