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
Codes and Standards | Oct 12, 2021
Three new laws expected to spur more affordable housing in California
Trio of measures could aid carbon reduction in built environment.
Codes and Standards | Oct 11, 2021
New program to promote mass timber construction launched in Boston
City’s planning and development agency to award grants for projects in early-stage planning.
Codes and Standards | Oct 6, 2021
Intl. Code Council publishes EV and building codes resource
Assists communities in setting policies for electric vehicle charging requirements.
Codes and Standards | Oct 5, 2021
Feds award $1 billion to renovate health centers
Funds will modernize existing infrastructure and cover other COVID-19-related capital needs.
Codes and Standards | Oct 4, 2021
Boston City Council approves mandate for major emissions cuts for large buildings
Applies to buildings 20,000 sf or larger—about 4% of city’s buildings.
Codes and Standards | Oct 4, 2021
HPD Collaborative and Green Seal to align standards
Will result in expanded options for manufacturers to enhance sustainability reporting and certifications.
Codes and Standards | Sep 30, 2021
U.S. has a deficit of 5 million homes
Builders unable to keep pace with demand.
Codes and Standards | Sep 29, 2021
Mass Timber group study will compare structural round timber to glulam products and steel
Will compare costs, capabilities, and carbon impacts of structural materials.
Codes and Standards | Sep 28, 2021
Massachusetts creates Commission on Clean Heat
First-of-its kind body to set targets for buildings to reduce emissions from heating fuels.
Codes and Standards | Sep 27, 2021
Commercial real estate industry faces SEC climate disclosure regulations
Risks associated with climate change would have to be revealed.
