Faced with growing budget deficits and rising costs, four cities across the Bay Area are asking voters this November to approve various new business taxes that could yield millions of dollars from top employers to help tackle housing, homelessness and transportation woes.
So far, it appears carefully crafted compromises with the business communities have helped ward off strong opposition to new taxes across the region. “Our chances for success with voters drastically improve as a result of the compromise where we do not have opposition from the business community,” Mayor Pat Burt said.
“We’ve invested a lot into our downtown and into fostering a good environment for business in this town,” Rennie said. “We’re trying to be business-friendly, so we don’t want to scare business out of town.”
Source: News Formal (newsformal.com)
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