2 ms·
SF has a gross receipts payroll tax, and an additional payroll tax on workers earning $320k+. Additionally higher earners spend more money on everything else th
by gnopgnip 6y ago
SF has a gross receipts payroll tax, and an additional payroll tax on workers earning $320k+. Additionally higher earners spend more money on everything else that is taxed.
The bigger issue is that the media overestimates how much money SF gets from "tech". SF has a very diverse economy.