3 SF supervisors move to put tech tax on November ballot

By Emily Green in the San Francisco Chronicle

June 28, 2016

Highly paid tech workers are often blamed for the city’s housing crisis. Now, three supervisors want to levy a tax on technology companies in an effort to make them pay for the city’s two biggest woes: the high cost of housing and homelessness.

Dubbed the tech tax, the proposed November ballot measure would impose a 1.5 percent payroll tax on technology companies. That would be a big shift. In 2012, 71 percent of San Francisco voters supported a measure to eliminate the city’s payroll tax and replace it with a gross receipts tax.

Read more at the San Francisco Chronicle

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