twitter-tax-breaks
Willie Brown Says Techies Have Started A Class War in San Francisco
Nitasha Tiku · 11/26/13 12:50PMSan Francisco Mayor Put in Office By Tech Industry Loves Tech Industry
Nitasha Tiku · 11/12/13 01:21PMA month before San Francisco's last mayoral election, when Ed Lee's rivals struggled to raise funds, Lee was helped along by independent committees like San Franciscans for Jobs and Good Government, a group funded by Ron Conway and Sean Parker. In one quarter alone, they raised $364,000, half from Conway and $100,000 from Parker.
San Francisco Could Lose $55 Million from Twitter Tax Breaks
Nitasha Tiku · 10/28/13 10:42AMIn 2011, San Francisco agreed to exempt Twitter from the city's payroll taxes on new hires in exchange for charitable contributions like, say, philanthropic retweets. The value of the tax break was estimated to be worth $22 million over six years. But according to the San Francisco Chronicle, the tax break could be worth more than $55 million after the company's IPO.