San Francisco Officially Offers Twitter Tax Breaks to Stay, Twitter Wanted More
The leaders of San Francisco have spoken, and they’re saying “Twitter, please stay!” City Hall has unveiled a tax break plan to incentivize Twitter to move its office to a new area of town rather than look outside city borders. However, Twitter isn’t too happy about the offer, as the company was reportedly looking for more. Could this mean Twitter’s days as a San Francisco icon are numbered?
The San Francisco Chronicle reports that the San Francisco City Hall is offering all businesses who relocate to a specific area of the city – along Market Street and part of the Tenderloin – tax incentives.
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