Opinion
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Avalos: Newsom’s biz tax ideas will have to wait
By: Mike Aldax
02/04/10 4:04 PM PST
Mayor Gavin Newsom’s controversial tax break proposals for San Francisco businesses will not be heard next week.
Supervisor John Avalos, chair of the Budget and Finance Committee, said Thursday that the earliest the measures will be heard is Feb. 17. The supervisor said the delay is due to an unfinished analysis on one of the measures, a two-year break on the payroll tax for new hires.
Avalos also said he will also respect a request Wednesday by fellow Supervisor Michaela Alioto-Pier to wait until she returns from a leg injury before calendaring a second proposal, the biotechnology tax credit, which she introduced Nov. 3.
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