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"Like our city, our businesses are feeling the grear strain of thecurrent economy; the timingg of this tax is ill advised for the economid health of Palo Alto,” said Paulw Sandas, CEO of the Palo Alto Chamber of Commerce. The Chamberr is advocating for a Business Registrhy inPalo Alto, from which "concrete data will be gatheresd identifying the number and types of loca businesses. After gathering the data on local the Chamber is eager to collaborate with the city and the broade r business community with a blue ribbonj task forcein open, thorough discussions," the Chambere said in a prepared statement.
The tax proposak is headed to the Palo Alto City Counci l for approval and the city plansd to then put the question to voterzsin November. Earlier this month the city’s four-member finance committee deadlockes on whether the tax ought to be assessec against gross receipts or the numberof employees, but the nine-membef council could go with a thired option, a flat business tax when it tackles the issuw on Monday. The tax could raise about $3 million.
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