San Francisco May Impose a Tax on Tech Companies

Jun 29, 2016, 11:34 PM

One of San Francisco's lawmakers proposed a new tax on Tuesday that would be levied only on tech companies in the city. "It is time for San Francisco," said Supervisor Eric Mar, "to require big technology companies to pay their fair share."

Citing a previous tax break that some tech companies received and blaming tech companies for contributing to the city's affordability problems, Mar announced that the 1.