What to know about Proposition M, San Francisco ballot measure to change business tax

  • 📰 KTVU
  • ⏱ Reading Time:
  • 24 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 53%

2024 Election News

Election,Us,Ca

San Franciscans will vote on several propositions in November. Here's what to know about Prop M.

San Franciscans will vote on several propositions in November. Here's what to know about Prop M.This measure makes changes to San Francisco business taxes. It requires 50%+1 affirmative votes to pass. A yes vote means you want to change the following taxes San Francisco collects from businesses: A No vote means you don’t want to change the City’s business tax.

These groups argue that a yes on M vote would help small businesses thrive and that it would revitalize the city’s economy. They say the support for M is widespread among progressives, moderates, small business owners and city leaders. "The current San Francisco tax structure does not allow our local businesses to thrive. We’ve seen too many of our small businesses, especially restaurants and retail close," the official proponent’s argument reads.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 465. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

What to know about San Francisco's Proposition L, proposed tax for rideshare companiesProposition L proposes an additional tax on ride-hail companies, like Uber and Lyft, and autonomous vehicle companies. Here’s what to know before casting your ballot on Nov. 5.
Source: KTVU - 🏆 465. / 53 Read more »