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