San Francisco: New Business Tax
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via the S.F. Business Times:
Several nonprofit and labor groups are drafting a ballot measure that would reinstate a gross receipts tax on San Francisco businesses in hopes of raising about $65 million annually. The tax would be based on a business’ overall revenue.
San Francisco eliminated its gross receipts tax in 2001 to settle a lawsuit brought by several large companies who argued that the city’s use of both a gross receipts tax and payroll tax — and having companies pay whichever was higher — was unconstitutional.
Would you support a ballot measure to reinstate San Francisco’s gross receipts business tax?
This entry was posted on Monday, June 5th, 2006 at 12:26 pm and is filed under Elections, Liberals, San Francisco. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
July 19th, 2006 at 11:36 pm
[...] Businesses with more than 50 employees would have to start participating next July, while smaller enterprises would begin in April 2008. San Francisco: Not just hostile to military. Business, too. [...]
July 20th, 2006 at 8:08 am
Utah’s next
California Conservative had this post this morning, i thought it was very interesting. …