A Fair Share From Airbnb
I will be attending a press event today in NYC where Airbnb is announcing a $10mm program to support local efforts that improve the lives of New York State residents.
Airbnb calls this program A Fair Share and it estimates that the $10mm is just 10% of what a home sharing tax in New York State would produce for the city and state governments.
The $10mm in financial support is going to seven organizations. They are:
The New York Immigration Coalition
New York Mortgage Coalition
New York State Rural Housing Coalition, Inc.
Abyssinian Development Corporation
These are all organizations that benefit from city and state tax dollars but need to tap into the generosity of others to deliver their services.
Take CSNYC, where I am leading the $40mm CS4All private sector capital campaign to bring computer science education to every public school building in NYC. CS4All is a ten-year $80mm effort develop over 5,000 public school computer science teachers. Half of that $80mm is coming from the NYC taxpayers. The other half is being raised from private donors. Airbnb’s generous support helps us meet our budget this year and beyond and we are very grateful for it.
But there is a larger point being made here and one that I want to highlight. Airbnb wants to operate legitimately in New York City and New York State. It wants to collect taxes on behalf of hosts of non-hotel accommodations in New York. And it wants to be a positive force for the economy in New York. But its opponents, largely the hotel industry and its employees, are standing in the way of that. This is politics getting in the way of good sense. And that is irritating to me as a citizen of New York City and New York State.
I am thrilled to accept the generosity of Airbnb on behalf of CSNYC and I am also happy to be a participant in helping Airbnb make a larger point about what is right and what should happen here. I hope that A Fair Share helps them do that.