We all know (and enjoy) that sweet taste of taking something for nothing, but it always feels a little wrong. Now that Tax Day is over, let the shaming begin. According to the 2012 National Taxpayer Advocate, California has the highest number of tax cheats in the nation, with San Francisco ... More >>
There's a bunch of bargaining chips currently being passed back and forth between President Obama and House Speaker John Boehner as they seek to reach a budget deal before the county slides down the much-feared Fiscal Cliff. Perhaps the most notable involved tax rates for the wealthy: generally sp ... More >>
San Francisco is an expensive place to be if you're paying a parking ticket or writing out a rent check or purchasing real estate. We've got that covered. But, when it comes to obtaining a bottle of juice or bar of soap, we're very reasonable. While San Francisco voters spurned a half-a-percent sale ... More >>
Since President Obama is tied up in NYC and can't swing another trip to the left coast to shake us down for more support money, San Francisco Mayor Ed Lee has taken it upon himself to serve as the president's proxy. The mayor has scheduled a coffee date tomorrow with voters where he plans to explain ... More >>
What can you get for $42 million? A penthouse apartment at the top of the St. Regis. Six years of Adonal Foyle. Roy Lichtenstein's peephole painting. Also, a 14 percent drop in support for Proposition 29, which would raise the cigarette tax and fund cancer research. In March, a poll by the Publi ... More >>
What: Tax Day Happy Hour Where: Credo Restaurant, 360 Pine (at Montgomery) When: Monday, April 16 through Friday, April 20, 2:30 to 6 p.m. Cost: Pizzas cost $.99 with purchase of a glass of wine or cocktail The Rundown: Tax season is finally at an end on Monday (unless you've filed for an extens ... More >>
For Paul Chabot, the War on Drugs is personal indeed: Before he became a Navy man, a campus cop, and a former National Drug Control Policy staffer, he was in drug rehab for alcohol and marijuana addiction himself -- at the young age of 12, according to his online bio.In his latest tactical maneuv ... More >>
In April last year, the California state Assembly Committee on Revenue and Taxation shot down AB 669, Assemblymember Bill Monning's attempt to pass a penny-per-ounce tax on all sweetened beverages, such as sodas, energy drinks, and sweetened fruit-juice drinks. Monning's office estimated that the ... More >>
Assemblymember Felipe Fuentes.Just as the California state legislature fights for its paychecks, another food-related bill fights to make it through committee in the Senate after passing unanimously through the Assembly.AB 152, introduced by Assemblymember Felipe Fuentes, is intended to give reli ... More >>
Matt Smith illustrationUp with corporate welfare!Gov. Jerry Brown has moved to cut public money thrown at enterprise tax zones, which provide breaks to companies in certain disadvantaged areas, including San Francisco's financial district and SOMA.But San Francisco companies are veritable corpora ... More >>
Done deal Much to nobody's surprise, Twitter officials signed a lease to keep the multibillion-dollar company in San Francisco -- tax break and all. And although progressives balked at the idea of cutting the microblogging giant a six-year tax break to keep its headquarters in San Francisco, they ... More >>
Relax! While April 15 is, traditionally, known as Tax Day, you have until Monday to get this thing done. (This, conveniently, will provide one more answer to the query "why is this night different from all other nights?").But if you're hoping to e-file -- and you have no middle name -- you may be ... More >>
Just a wink and a nodIt appears a sop to corporate blackmail does work. The Examiner is reporting that Twitter fired off a letter to city supervisors earlier today, saying it will stay in San Francisco if the city signs off on a deal giving the microblogging giant a mega tax break. "Twitter is co ... More >>
Newsom is behind the curtainTwo weeks ago, SF Weekly reported that the Twitter tax break deal reeked of former Mayor Gavin Newsom -- and now we know why. City supervisors had proposed legislation with sweet tax breaks for microblogging giant Twitter that would entice the company to remain in San ... More >>
Moderately progressiveYesterday was the first real showing of how the political pendulum on the Board of Supervisors has swung the other way -- toward the moderates. Supervisor Jane Kim rolled out business-friendly legislation, which sparked criticism from progressives; even former Supervisor Chr ... More >>
Intently studying the RAND report...The RAND Corporation, the partially government-funded think tank known for stoner-friendly reading material such as "A Million Random Digits with 100,000 Normal Deviates," today released a report suggesting California's marijuana legalization initiative will be ... More >>
The San Francisco Bay Guardian's Tim Redmond today called us with some spirited criticism of an item we ran last week stating the paper's editors would personally benefit from Prop. 13 legislation they endorsed.In the item, we noted that the paper had endorsed Assemblyman Tom Ammiano's AB 2492, whic ... More >>
It's always nice to get in the game early and pull up the ladder after you...On Nov. 3, 2003 the Wall Street Journal published a letter from Warren Buffett in which the Nebraska billionaire explained his negative view of California's Proposition 13, the 1978 law that limits property tax assessmen ... More >>
He can't save you now, tax procrastinator...IRS statistics reveal 80 percent of returns have been e-filed this year. In the good old days, folks who'd left their taxes until on or about April 15 could count on hordes of postal workers swarming the streets to grab the tax forms out of their hands ... More >>
Look! Green! Green!But Some Consumers May Be Better Off Looking Elsewhere To Fund Green Home Improvements, Program's Architect AcknowledgesMayor Gavin Newsom this evening will hold an "Internet town hall" to tout a new program helping property owners pay for energy-saving improvements. Dubbed Gre ... More >>
But it's going to take money -- a whole lot of money -- to do it right, childA report moments ago sent out by the city's chief economist, Ted Egan, claims that Mayor Gavin Newsom's proposed payroll tax revision will spur the creation of perhaps 4,300 jobs over the next two years -- but at a cost ... More >>
A ballot proposition that raised the amount of money San Francisco businesses need to pay their employees before being subjected to city payroll taxes seems to have gone unnoticed by the very people charged with enforcing it -- San Francisco's tax collectors. Last year, voters overwhelmingly approve ... More >>
New statistics show you absolutely can't afford these houses, but they now likely cost 28 percent less than last year's ridiculous pricesWhat do Phoenix, Las Vegas and San Francisco have in common? Yep: sketchy nightclubs and plummeting housing prices. According to S&P data released today, San ... More >>
It turns out the mayor does have a device for communicating with David Chiu. It's called a press release.Yesterday we wrote about how Mayor Gavin Newsom announced at the San Francisco Business Times breakfast that he was proposing an overhaul of the city's payroll tax -- which came as news to Board ... More >>
For years, many low-income renters called the building their home. That's until a developer, who told the government it would be affordable, raised the rents.
After mortgaging our future in an orgy of budget-related borrowing, the Legislature hatches new orgiastic plans: sleazy tax shelters
The Chronicle should stop the dubious "news stories" and openly rail against a sales tax hike that hurts its major advertisers -- and slaughters the poor
Previous "creative financing" debacles should haunt city officials who've approved a risky $1 billion lease of Muni streetcars
Why are two candidates for assessor trying to take credit for a computer system that has been an abysmal failure?
Willie Brown plays hide-and-seek with his tax returns
A forgotten San Francisco economist survives, barely, in his adopted city
Doris Ward, San Francisco's assessor, is tossing around commercial tax breaks as if they were fairy dust. It's costing the city at least $100 million a year.
Years of reckless borrowing have sent the city's Redevelopment Agency spiraling into debt. Mayor Brown's pet projects may flush it down the drain entirely.
John Burton's 1040s reveal that politics doesn't pay
Walter Shorenstein's skyscrapers shaped San Francisco. His cash configured City Hall. Publicly, he's pristine. But there's more than meets the eye to the man behind the megaliths.