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SVC,The City of Santa Clara is considering an extreme raise of the Business License Tax TODAY.
Even if you do not do business in the City of Santa Clara… if it happens there, it is likely to happen in every City in the Valley. So, you WILL be next.
The Silicon Valley Central Chamber of Commerce (SVC Chamber) opposes any dramatic increase in the Business License Tax. We oppose any harmful tax on small and medium-sized businesses.
One of the current proposals seeks to raise “revenue” to the city (meaning, taxes they take from you) by over 700%. However, the proposal is super-hyper progressive, meaning the top 10 businesses in the city will likely have their taxes increased by 400,000% (this is not a typo, you read that correctly).
The SVC Chamber is willing to continue to work with the City before something is put on the November 2022 ballot.
But if we believe a ballot proposition is harmful to local businesses, and ultimately the City of Santa Clara, we must oppose it and encourage others to do so as well.
You can help us!
You can attend the City Council meeting and even be prepared to speak during public comment. Today's meeting will be hybrid, so you may attend in-person at City Hall, or virtually.
We hope to see you at the meeting as we fight to keep Santa Clara business friendly.
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