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Silicon Valley Central Chamber of Commerce unanimously votes to oppose proposed head tax
The proposed tax will be an almost 700% increase from the current Business License Tax
By: Silicon Valley Central Chamber of Commerce
"The SVC Chamber is opposed to the proposed employee head tax because we believe it will hurt economic development and damage Santa Clara's reputation for being a business-friendly city," said head of the Santa Clara Business Council Christian Pellecchia. "The current business license tax accounts for the varying size of Santa Clara employers by defining employee headcount within range categories. Updating the business license tax is a more sensible approach for both city government and employers. We look forward to working with the city council to find a practical solution."
The SVC Chamber is moving forward on a study to determine effects of the proposed tax in Santa Clara.
About Silicon Valley Central Chamber of Commerce
For over seventy years, the chamber has served the Silicon Valley business community as influential advocates by supporting, connecting, and educating for the growth and sustainability of its business members. Located in Santa Clara, the Silicon Valley Central Chamber of Commerce is made up of a group of visionary business leaders that will help grow and shape the future of Silicon Valley.
Diandra Weldon | NINICO Communications