NEWS: First-of-its-kind $12 parcel tax proposed for all nine Bay Area counties

Large San Francisco Bay Area technology companies are planning a $5 million campaign in support of a plan to raise taxes by $500 million in nine local counties, reports the San Jose Mercury News.  The tax would fund restoration of the Bay and new protections against flooding.  However, critics have indicated the plan places a disproportionate burden on homeowners as opposed to the major companies backing the tax.

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