And these companies are not just moving to Texas. I live in Oakland, CA and many of these companies are relocating here. I don't care if they leave SF, but if they're cheating on their taxes, that's just not right.
And these companies are not just moving to Texas. I live in Oakland, CA and many of these companies are relocating here. I don't care if they leave SF, but if they're cheating on their taxes, that's just not right.
Maybe you can mention the statute relevant to HQs? I'm not aware of any
This measure was pretty well known. It was one of the most controversial local measures in 2018 (even gaining substantial regional coverage: I'm in Oakland not SF and heard a lot about it).
1. SF levies taxes on companies headquartered in SF. The message: “Pay us for the privilege of being in SF”.
2. SF companies move their headquarters but promise not to cut jobs in SF. The message: “We already provide lots of middle-class jobs in your city, providing tax revenues. It is not in your interest for those jobs to go away.”