Mayor Ed Lee: Payroll Tax Taxes Job Creation In San Francisco

view story

http://techcrunch.com – Ed Lee, Mayor of San Francisco, and Ron Conway, angel investor at SV Angel, spoke about Proposition E, a proposal to  change the payroll tax in San Francisco at TechCrunch Disrupt in San Francisco today. “We have a payroll tax that taxes job creation in the city,” Lee said, calling it one of the most negative aspects of the city. He added that the propositon ”helps everybody have a fair tax system.” Conway called passing the proposal the “biggest gift” the tech community can ever give to San Francisco. “A hundred years from now, San Francisco will c (IT news)