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Indybay Feature
Mon Apr 9 2001
Board of Supes Approves Tax Settlement for SF's Biggest Corporations
Board of Supes Approves Tax Settlement for SF's Biggest Corporations
SF Board of Supervisors passed a reduced Business Tax settlement offer totaling $79.6 million to some of San Francisco's biggest corporations, including PG&E, Bechtel, Chevron, and Gap. These corporations were pursuing a multi-million dollar lawsuit against the City of San Francisco over an "unfair" tax structure. Although a reduced settlement, this money threatens cuts in city services, such as health care, housing, homeless programs, and neighborhood services. More details On April 9, a Corporate Tour of Shame met at PG&E and marched up Market Street to City Hall, stopping at the offices of other offending corporations along the way.
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