San Francisco’s small businesses could be in a store for a tax break.
Billed as a way to incite job growth, the proposal by Supervisor Mark Farrell would exempt taxes paid on up to $250,000 of payroll growth yearly for small businesses during the next four years.
The City has a payroll tax that assesses a 1.5 percent tax on the total compensation paid to employees. The tax kicks in when a payroll exceeds $250,000 for a business. Read More
As if people in San Francisco needed another reason to protest, this week they got one — a proposal that would set up a new protected class of workers, felons.
Realignment appears to be taking place faster than expected. Read More
As the Board of Supervisors Budget and Finance Committee was debating Mayor Gavin Newsom’s proposed tax breaks for businesses, there was talk about overhauling the business tax structure overall. Read More