After Seattle's “Amazon Tax” failed, California cities pick up on their own big-business tax initiatives for affordable housing


Last week, a coalition of homelessness advocates, non-profits, and tenant groups in San Francisco secured an initiative for November’s ballot that, if passed, would almost double the city’s spending on homeless shelters using an increased gross receipts tax. [...] This news comes just weeks after Seattle—home to companies like Amazon and Starbucks, along with the third-largest homeless population in the country—capitulated on a similar plan.



After the swift defeat of Seattle's “Amazon Tax”, big tech cities in California like San Francisco and Mountain View are working on similar initiatives that charge higher taxes on large companies to raise more money for affordable housing. Despite some skepticism, these initiatives might have a better chance of passing in California.

Justine Testado via Archinect - News http://bit.ly/2LymvvV

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