California Town Looks to Raise Revenues, at the Expense of Small Business Owners
Any changes in the tax would have to go before the voters in an election during which council members are scheduled to be elected, which won't be until November 2018. To pass, the tax would have to be favored by at least a simple majority (just one vote over 50 percent) of voters.
The current business license tax, applying to anyone who does business in Atherton, from pool cleaning companies to real estate companies, ranges from $25 to $250 a year. It raises about $228,000 a year.