Patrick Collison defends Stripe in San Francisco tax row

The Limerick-born founder of the $20 billion payment firm has voiced his opposition to a 0.5 per cent tax aimed at helping to ease a severe homelessness problem in the city

Stripe co-founder Patrick Collison. Pic: Getty

The Limerick-born co-founder ofStripe, the $20 billion payment firm, has defended his opposition to a 0.5 per cent tax aimed at helping to ease a severe homelessness problem inSan Francisco, where his company has its main operation.

Patrick Collison, who started Stripe with his brother John, set out a defence of his and his company’s position in a statement late last week, saying that money was not the only answer to the problem ...