June 6, 2018 Comments (0) Views: 1346 California News, Top California

Is a ‘Google Tax’ or ‘Apple Tax’ Coming to California?

A growing movement to tax companies based on the number of employees may be spreading into California. Voters in San Francisco headed to the polls yesterday to consider taxes on employee head counts, and that vote follows Seattle’s contentious “Amazon tax” that was recently passed.

Several Silicon Valley cities are considering similar “per-employee” taxes on businesses in locales such as Mountain View, and Cupertino. Those are the respective homes of Google and Apple.

If cities do decide to put the ballot measures before residents, it would be in an effort to help pay for transportation improvements, as well as more affordable housing.

While tech companies are considered among the causes of some of the problems facing cities, they would also likely benefit from improvements, since they would conceivably be able to better recruit and retain employees. It should be noted, both Google and Apple are considered good corporate citizens in their respective communities.

Neighboring cities such as San Jose, Sunnyvale and Redwood City already have existing head taxes.

Read more at CNN


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