Do you think Twitter deserves a tax break to stay in San Francisco?
Log-in to take the poll, join the conversation and share your ideas with friends on Facebook.
With ongoing budget deficits in San Francisco and beyond, Resetting San Francisco starts with a return to sound fiscal policy and fair tax reform.
The city certainly needs to do a better job with the money we have now. Increasing efficiency and collecting delinquent revenue can go a long way toward helping close our $483 million budget gap. That’s why my city office is focused on finding new revenue by becoming more efficient.
But finding efficiencies is just part of the solution. We need sound fiscal and tax policies. That’s why it is so important to fully debate proposals like the San Francisco plan to offer a tax break to Twitter and other companies that create new jobs in the Mid Market area.
Recent Tax Reform Blogs
Do You Think It's a Good Idea to Offer Tax Breaks to Twitter? Sign a petition:
You can join this important debate by taking our poll to the right, signing a petition and by adding your voice to the discussion below. Do you think we should offer Twitter a tax break?
> Sign this petition if you think Twitter tax breaks are good for San Francisco.
> Sign this petition if you think the city should not give Twitter – a company valued at $10 billion – a tax break.
Close the Tax Loopholes
We also need to start looking at real reforms to our tax system, like closing loopholes in Proposition 13 that have allowed a few commercial property owners to pay a decreasing share of total taxes. When Proposition 13 passed a generation ago, commercial property owners in San Francisco paid the majority of property taxes. But now homeowners pay more.
Our state loses an estimated $7.5 billion in revenue because of business tax loopholes in Proposition 13 – and with state cuts to our city budget, we cannot afford this massive loophole any longer. Find out more about how we can protect homeowners and close this loophole at www.ClosetheLoophole.org.
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