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'
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(Photo: Ericka Cruz Guevarra/KQED)
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
Maria Poblet, executive director, Causa Justa
Alex Tourk, spokesman, San Francisco Citizens Initiative for Technology and Innovation