Wednesday, August 8, 2018

HOW MUCH OF A TAX LOAD IS TOO MUCH TO TOLERATE?

by Bob Walsh

The People's Republic of San Francisco is preparing to implement a tax of 0.5% on gross business receipts on larger businesses in order to provide more housing and homeless services and support services for the mentally ill.

The mayor's own Office of Economic and Workforce Development is warning that this move could have a substantial negative impact on mid-level jobs in the People's Republic. They point out that the taxes for doing business just across the bridge in Oakland (which does not have the name brand that S. F. does and is almost as big a shithole but has less traffic) are very much lower.

Unfortunately the article in the Chronicle I got this from does not specify exactly what the tax burden in either SF or Alameda County actually is.

In addition in Oakland you don't usually have to pay someone to come in early with a hose and a jug of Clorox to wash the piles of human shit out of your door way prior to opening up your business in the morning. In San Francisco it is a common thing.

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