Have you filed your San Francisco income tax yet? 

As the deadline looms for filing your state and federal income tax returns, imagine a time when you get to pay a third income tax ... to the San Francisco treasury.

The state has long prohibited counties from levying their own income tax, but a bill from state Senate President pro Tempore Darrell Steinberg reintroduced Thursday would allow just that.

While the California Constitution prevents the state legislature from imposing taxes for local purposes, it does allow the legislature to authorize local governments to impose them.

That means that if Steinberg’s bill is signed into law, the San Francisco Board of Supervisors could put a measure on the ballot that would allow such a local income tax on individuals.

The bill also makes provisions for a transactions and use tax, a vehicle license fee, and excise taxes such as an alcoholic beverages tax, a cigarette and tobacco products tax, a sweetened beverage tax, and an oil severance tax.

Such revenue measures would allow local governments the funding needed to keep cops and firefighters on the payroll during tough economic times, but it already has taxpayer advocates howling.

About The Author

Brent Begin

Pin It
Favorite
Saturday, Feb 17, 2018

Videos

Most Popular Stories

© 2018 The San Francisco Examiner

Website powered by Foundation