Wednesday, March 16, 2011

San Francisco Wants to Tax Stock Options, and Has Statutory Authority Already

Few people are aware the San Francisco has had a tax provision in its municipal code since 2004 that requires companies to pay a payroll tax on gains from employee stock options, says Sarah Lacy of TechCrunch. No one pays it, she says, and San Francisco hasn’t enforced it to date, but companies are becoming increasingly agitated that the city may change that policy at any time.

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When Was the Last Time 40% of all Humans Shared Something, Together?

I miss these sorts of huge global events where 40 percent of living humans share a chance to build something for others.