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Jonathan Horn, U-T SAN DIEGO
Friday, November 8, 2013
Kelly Cunningham, National University System
Answer: NO
An unequivocal job killer, the linkage fee is both flawed in theory and in practice. It is ludicrous to believe poverty is combated by taxing employers seeking to grow locally. Yet that is precisely what this “job tax” does, imposing a fee of more than $200,000 per 40,000 square feet of new office space building. Incentivizing employers to leave the city will improve housing affordability like it does in Detroit. Even under best case analysis (if investment did not suffer), the fee only provides funding to construct 100 new units per year, the very definition of drop in the bucket.
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