Opinion: Tax Silicon Valley Big Tech to rescue BART and other Bay Area transit
With annual deficits for Bay Area transit agencies approaching $800 million, the scramble is on to find the revenue needed to keep BART and the region’s other bus and rail systems operational.
Senate Bill 63, sponsored by two Bay Area lawmakers, is a well-meaning but poorly formed attempt to fill the financial gaps by raising as much as $550 million a year through a sales tax that would be put before voters in 2026. Taxing sales would be regressive, putting the burden of transit recovery...