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Bloomberg West: Does Tech Help the San Francisco Economy?

  • April 5, 2014
  • The Progressive Policy Institute

PPI’s Michael Mandel spoke on Bloomberg Television‘s “Bloomberg West” on April 4th to discuss the pros and cons of tech tax breaks. He identified the lessons to be taken from the San Francisco tech boom example and gave his arguments for why governmental support of tech has been imperative for economic growth in San Francisco:

The Tech Info boom has the potential to spread jobs and spread growth across a broader part of society than people think. [In SF] they were very encouraging and welcoming to tech firms, they offered some very targeted tax breaks. […] If a city administration is focused on attracting tech firms, that is actually a potent force for development.

Watch the entire video on Bloomberg Businessweek here.

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