SAN FRANCISCO (KCBS) — Amid the excitement caused by Twitter’s highly anticipated IPO on Thursday morning, protesters—attempting to ruffle the feathers of the social media company—marched outside its headquarters in San Francisco decrying the city’s tax breaks for high-tech companies.
About a two dozen people with banners protested in front of entrance of Twitter’s Market Street headquarters. Some laid in the doorways to illustrate what they said are the deaths of coming to the working poor that are being forced out of the city by rising rents brought in by the influx of high-tech companies.
Protester Steve Zeltzer said he was offended by the tax breaks being offered by the city when there is not affordable housing. San Francisco is a highly desirable location for high tech so he questions why the city is “giving the away the store.”Comments (5)