Quote:
Originally Posted by cov
property taxes are basically are negligible expenses for fortune 500 businesses that pay their engineers 300k-500k USD in salaries alone tho. The total expense per employee is probably closer to a 800k-1 mil. When eastvanmark said business taxes did he mean property taxes? As in firms like uber and palantir are willing to open offices here for a 100k deduction in property tax expense?
I don't think what's what eastvanmark is talking about. Because SF not only has higher commercial property taxes, it also has an additional lease tax on top charged solely to the leasee.
|
As this thread is about the Civic Election, and as eastvanmark was referencing taxes, I assumed he was talking about the taxes that are (mostly) determined by the elected councillors. There's nothing City Council can do about any other taxes that the Province or federal government chose to charge businesses.