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Posts Tagged ‘Tax Break’

Surprise, Surprise: The San Francisco Elites Who Tweet Most Voted for Twitter’s Tax Break

This might not be groundbreaking, but it sure is interesting: those on San Francisco’s Board of Supervisors who approved the tax break to keep Twitter in the city were those who tweeted most.
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Will Twitter Stay in San Francisco? We Find Out Today

San Francisco lawmakers are scheduled to vote today on a tax break that will offer enough incentives to Twitter to entice the giant tech company to stay within city walls. If they vote against the tax break, it’s likely that Twitter will relocate not to a new area of San Francisco, but outside of the city altogether.
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Demonstrators March On Twitter HQ

San Franciscans picked up picket signs emblazoned with “Shame on You!” and converged on Twitter HQ at 795 Folsom Street Tuesday morning to voice their displeasure at proposed tax breaks for the company. The company had asked for local tax exemptions to stay in San Francisco, and signed a letter of intent to do so earlier this month when the incentives were promised. The 50 or so protesters, according to reports, were not from any one group, but comprised a broad coalition of (hyper) local activists.
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Twitter will Stay in San Francisco – On One Condition

Rumors have been swirling about where Twitter will relocate to when it grows out of its current office space. The time is nearing, and San Francisco has been doing everything it can to try to keep the growing company within its boundaries. And it looks like they’ve done something right – Twitter has signed a Letter of Intent to stay in San Francisco as long as a proposed tax break goes into effect.
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San Francisco Tries Desperately to Keep Twitter Local

Amid news that Twitter was both eying a vacant building on San Francisco’s Market street and considering moving out of the city altogether, San Francisco’s mayor is getting ready to unveil a tax break that is targeted directly at the growing company and others in social media. The city is hoping that it can entice Twitter to stay in its city of origin, rather than look to other Californian cities for a possible relocation.
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