Gross Receipts Tax

Editorial: The business tax debacle

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Labor and much of the progressive community worked with downtown and the Mayor's Office last year to craft a pension-reform bill that took away benefits from city employees. The unions came to the table, recognized the city's financial problems and bought into a compromise, even though it took money out of their pockets.

And now big business, with the support of Mayor Ed Lee, wants to reform the local business tax in a way that doesn't bring the city a dime of new revenue (and hurts small business in the process).

In other words, it's fine to seek compromise when it's about cutting workers pay and city costs. When it's about asking big business (and a lot of big businesses, particularly tech businesses, in this town are doing exceptionally well right now) to chip in just a little more, to do the right thing, address the revenue side of the ledger and pay a fair share, the answer is No. Read more »