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by moby 2933 days ago
The question you're really wanting to ask is "why don't tech companies want to be good corporate citizens?"

It's because of profit. Amazon opposing the per-employee tax that would provide critical city services should help explain exactly where their priorities lie.

4 comments

Ed Lee proposed a plan a while back to not base business tax on what we pay our employees but to look at company's revenue/sales amount, and sector. For example schools would have a lower business tax.

He also proposed instead of a flat tax, it would be progressive like income tax. Larger companies would pay a higher effective rate than small ones in the same sector but the Board of Supervisors didn't approve.

The City of SF has trust of over $24 billion and also administers a defined benefit retirement plan for ~65,000 current & retired employees of SF. And the President of the Retirement board who manages 24 Billion I believe is not someone from Goldman or finance background but a police officer?

SF priorities: Get electric bikes and scooters out of SF but create an unsafe city and homeless to walk around naked and dropping their poop and needles everywhere is okay

Did you read the response of Amazon and other companies? It was less "we want higher profits" and "you have enough money, you're just spending it in the wrong places".
Ahhh yes. And Amazon has no incentive to mis-characterize the reason they want to lower their tax burden. I dislike the waste of tax money on defense boondoggles. I still pay my taxes.
And so does Amazon. This was a debate over a new head tax for companies.
I would hesitate to say tech companies unduly influencing local elections is anywhere near "good corporate citizenship".
I would think having their employees in the office for an extra 2 hours per day because of reduced commute would be more beneficial.
Yes, which is why Google was aiming to build nearly 10k homes in Mountain View - which was mostly opposed by local homeowners.

  mostly opposed by local homeowners
Source? (Hint: how many "local homeowners" even exist on the Bay side of 101?)
Which is not even enough homes to begin with. Doesn't google have like 20K employees at HQ, with plans to double or triple that?