Political foes join forces to fix SF’s job-killing business tax

By Kevin Truong and Josh Koehn : sfstandard – excerpt

It’s a rare cause that can align San Francisco’s biggest private sector employers with its nonprofits and labor unions, or bring together political rivals like Mayor London Breed and Supervisor Aaron Peskin, who is challenging her reelection bid.

The urgent need to reform San Francisco’s perverse business tax formula is just such a cause—and, after two years of effort, a proposal to fix it could be going to voters for approval in November.

Modifying the gross receipts tax to focus on a company’s sales instead of its on-site headcount, the proposal would slash taxes for many small businesses while making it more attractive for large ones to keep their workers in town.

Modifying the gross receipts tax to focus on a company’s sales instead of its on-site headcount, the proposal would slash taxes for many small businesses while making it more attractive for large ones to keep their workers in town.…(more)

Is this what they mean by “strange bed-fellows”? Or is this just a good idea that a lot of people share? Either way, we welcome the support from any and all who agree on a path forward. Since the monster money left we have seen a resurgence of smaller businesses coming back to what was once their space.