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Google’s hometown passes new business tax to cope with rise in tech commuters
Voters in Mountain View, Calif., approved a ballot measure Tuesday to tax businesses as much as $150 per employee, with millions of dollars expected to be collected from hometown tech giant Google.
The initiative, Measure P, could generate as much as $6 million for the city’s general fund, affordable housing services and efforts to ease traffic congestion, according to the Mercury News. The city will charge businesses on a progressive payment scale, with larger companies paying more for each employee as their head counts rise. Three nearby cities have already levied a head tax on local businesses, according to the report, but critics say Measure P unfairly singles out Google, which will absorb 60 percent of the tax.
By Hamza Shaban
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