On Wednesday, the Board of Supervisors’ Finance Committee debated the merits of a November ballot measure that would extend S.F.’s controversial 1.5-percent payroll tax to the partnership distributions that go to lawyers, doctors, accountants and other professionals. It would also restore a gross receipts tax on commercial real estate.

The whole flap got continued for a week, but during Wednesday’s hearing three of the supervisors — Aaron Peskin, Chris Daly and Jake McGoldrick — stood firmly behind the proposals. Supervisor Tony Hall seemed solidly behind the business community in opposing them, while Supervisor Sophie Maxwell was noncommittal.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]