General census of the city lawmakers has been planned as all the officials vote on Tuesday whether or not to allow the tax break for keeping Twitter in San Francisco. Twitter has strategically asked for this tax break in as an incentive in exchanged for them to not to flee from such ruined neighborhood. The matter has drop down to just one questions what whether or not will the Board of Supervisors exempt such profitable microblogging company from paying the city's payroll tax on new hires.
Local residents protesting against Twitters' Deal |
It has also to be put under consideration that if this tax break was allowed to Twitter, it will then also apply to other companies as well. So far the city officials are supporting such plans, as they refer to this deal as an opportunity and to Twitter as the "big fish" which will perhaps incite the economic revival within the city.