Mayor Ed Lee, at least five members of the Board of Supervisors, the San Francisco Chamber of Commerce and a group that represents the city’s tech sector are opposed to a new proposal to tax the technology industry.
On Tuesday, Supervisor Eric Mar unveiled a measure for the November ballot that would impose a 1.5 percent payroll tax on tech firms, which would be identified by their IRS tax identification codes.
The measure, co-sponsored by Supervisors David Campos and Aaron Peskin, would affect dozens of large companies. The money would go toward affordable housing and homeless services at a time when many are blaming the tech industry for the city’s affordability crisis.
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