The “Fair Share Tech Tax” proposed by San Francisco Supervisor Eric Mar would impose a 1.5 percent payroll tax on the city’s tech companies, who many blame for the sky-high housing costs that are pricing many residents out of the city. If approved, the tax could bring in up to $120 million annually for homeless services and affordable housing, according to Mar. But opponents, including Mayor Ed Lee, think the measure is a job killer. We’ll discuss the proposal, which comes a year before the expiration of the controversial “Twitter tax break.”
San Francisco Leaders Split Over 'Fair Share Tech Tax'
The "Fair Share Tech Tax" proposed by San Francisco Supervisor Eric Mar would impose a 1.5 percent payroll tax on the city’s tech companies, who many blame for the sky-high housing costs that are pricing many residents out of the city. If approved, the tax could bring in up to $120 million annually for homeless services and affordable housing, according to Mar. But opponents, including Mayor Ed Lee, think the measure is a job killer. We’ll discuss the proposal, which comes a year before the expiration of the controversial "Twitter tax break."
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(Photo: Ericka Cruz Guevarra/KQED)
Guests:
Eric Mar, member, San Francisco Board of Supervisors, representing District 1; co-sponsor of “Fair Share -- Homeless and Housing Impact Tech Tax"
Scott Wiener , member, San Francisco Board of Supervisors, representing District 8<br />
Maria Poblet, executive director, Causa Justa
Alex Tourk, spokesman, San Francisco Citizens Initiative for Technology and Innovation