So-Called “Twitter Tax Break” Netted City More In Mid-Market Tax Revenue

 In hindsight, it was one of the more controversial decisions the city has made in years. Back in 2011, on a quiet threat that Twitter would leave the city and decamp for nearby Brisbane or South San Francisco, the city decided to offer a temporary exemption on it 1.5 percent payroll tax to entice companies to move into a set of very specific buildings in Mid-Market. For decades, that area had… Read More