- June 16, 2021
- Posted by: Stratford Team
- Category: Business
Among the many efforts that the COVID-19 disrupted last year was Palo Alto’s push toward a business tax, a proposition that has been years in the making but that fell apart just as the economy nosedived in the face of the economic shutdown in spring 2020.
Now the virus is on the wane, the economy is flickering back to life and the business tax is back on the council’s agenda. On Tuesday night, the city officially resuscitated its business tax effort when City Council’s Finance Committee reaffirmed its desire to pursue the tax and debated what form the 2022 measure should take and what exactly it should fund.
The committee didn’t take any of the tax options off the table, though it did push a few far to the side. The headcount tax and the payroll tax – two options that had garnered some support in the past – were deemed to be less than ideal because of the difficulty in administrating these taxes, the committee agreed. The gross receipts tax, which…
