Report: San Francisco's Techie Tax Break Barely Helped Local Economy
Kevin Montgomery · 11/03/14 12:50PMWhen Ed Lee was appointed mayor of San Francisco in early 2011, he quickly spearheaded the passage of a Mid-Market neighborhood tax break. It was sold to the public as a way to keep high-profile startups like Twitter in town and revive the chronically-struggling neighborhood. But a report for the city's controller's office indicates the tax break hasn't been quite so successful.