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San Francisco developers like Mid-Market tax breaks too

In an unexpected move, developers in San Francisco’s mid-Market Street neighborhood are applying for a tax break put in place for Twitter and other tech companies. In 2011, the Board of Supervisors eliminated the payroll tax for new employees hired by companies in the area. Mayor Ed Lee and other supporters called the move necessary to keep Twitter from leaving town and to foster the emergence of a tech economy in the long-depressed neighborhood. Read More
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