Bay Rising | City weighs new corporate tax on stock compensation as tech companies prepare to go public

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City weighs new corporate tax on stock compensation as tech companies prepare to go public

City weighs new corporate tax on stock compensation as tech companies prepare to go public

Posted on April 24, 2019

A person walks by a tall city building with the logos of Square and Uber on the front.

SF Examiner / April 24, 2019 / Joshua Sabatini

The revenue generated from the tax would go into a “Shared Prosperity Fund” to pay for things like affordable housing, small business assistance and programs for low and middle-income workers. Mar said he created the proposal in collaboration with Jobs With Justice San Francisco, San Francisco Rising and the Chinese Progressive Association.

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