flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Silicon Valley cities considering taxes aimed at large employers

Codes and Standards

Silicon Valley cities considering taxes aimed at large employers

The aim is to offset the impact on housing costs and homelessness by tech companies.


By Peter Fabris, Contributing Editor | May 30, 2018
Silicon Valley cities considering taxes aimed at large employers

 Photo: Pixabay

    

After Seattle’s recent enactment of an employee head count tax to combat an acute housing shortage blamed on the rapid growth of Amazon and other high tech companies, cities in Silicon Valley are moving forward with similar proposals.

Mountain View, home to Alphabet, Intuit Inc., and LinkedIn, has proposed a tax that could cost major local employers between $250 and $300 a head. The city council is expected to vote on the bill next month.

Palo Alto's city council recently voted to send a tax measure to voters in November that would raise levies on hotel rooms and on real estate transactions. The taxes could affect tech businesses buying new offices and visitors doing business with them. The city failed to pass a direct business tax almost a decade ago.

In San Francisco, a coalition of non-profit organizations is spearheading an effort to tax companies 0.5% on earnings of more than $50 million. Seattle will tax large employers $275 per employee for a total expected to be about $50 million.

 

Related Stories

| Aug 9, 2019

Whirlpool Debuts Smart All-In-One Washer and Dryer

Whirlpool washer and dryer in one machine can provide laundering solutions in apartments with limited space.

| Aug 9, 2019

'Buildings Don't Lie': A building science reference book worth your time and money

Review of "Buildings Don't Lie," by engineer Henry Gifford.

| Aug 8, 2019

Wilsonart Engineered Surfaces to acquire Czech firm Technistone

U.S. manufacturer Wilsonart, maker of High Pressure Laminate, Quartz, Solid Surface, Coordinated TFL and Edgebanding products, moves to acquire Technistone.

Multifamily Housing | Aug 7, 2019

New start, new life, new friends: Student residence life in the age of Instagram

When it comes to the design and space planning of your residence life program, the quality of the space you create will be reflected in the social media feeds of your students.

Multifamily Housing | Aug 6, 2019

Using P3s to create affordable housing, public services

How the city of Chicago and nonprofit groups partnered to build three libraries plus affordable housing in underserved neighborhoods.

Multifamily Housing | Aug 3, 2019

A plant—or at least its image—grows in Brooklyn

A 90-foot mural overlooks the courtyard of a new residential building.

| Aug 2, 2019

Closet System Adds Value to Grand Rapids Apartment Community

20 Fulton Street East is a 12-story residential community in downtown Grand Rapids, Mich., developed by Brookstone Realty Management, where Organized Living's closet system was installed by dealer Rayhaven Group.

Multifamily Housing | Jul 31, 2019

Amenities war no more? Research report explores multifamily market

Multifamily developers show no signs of pulling back on specialty spaces and unique offerings in an effort to attract high-quality tenants, according to new research from Multifamily Design+Construction.

Multifamily Housing | Jul 31, 2019

100% affordable housing development features 62-units for low-income households

Magnusson Architecture + Planning is designing the project.

Multifamily Housing | Jul 24, 2019

Multifamily transformation: Historic mansion converted to short-term housing for homeless families

The 1885 Victorian home in Cambridge, Mass., gets a new, energy-efficient life as Renae's Place, short-term housing for homeless women and their children.

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021