Propositions C and D are huge tax increases on renters and small businesses that give politicians millions of dollars to spend however they want and do nothing to fix our biggest problems.
City Hall’s answer to San Francisco’s affordability crisis: Propositions C and D, huge new taxes on commercial rents that landlords can pass straight through to tenants.
Right when you thought San Francisco couldn’t get more expensive, Propositions C and D propose massive tax increases on city rents. Just like apartment rents, rents for employers in San Francisco have skyrocketed, forcing small businesses to cut staff, leave the city or close entirely.
You just have to read the fine print to see that Propositions C and D promise funds are going to child care and homeless services, but in fact, the politicians who wrote the measures snuck in the phrase that the money could be used for “other public purposes,” giving city hall a blank check to spend it on anything.
The TRUTH about Prop C
The TRUTH about Prop D
Prop D is a massive new tax on San Francisco rents with no plan for reducing homelessness. San Francisco already spends $215 million a year on “homeless services” and tens of millions more solving city problems related to homelessness — more per capita than nearly any big city in America. Now City Hall is pushing Prop D: A massive new tax on commercial rents it claims is “mostly to fund housing and homeless services.” But take a closer look:
- Prop D contains no plan for providing more housing or helping homeless people get off the street.
- Prop D does nothing to streamline or reform San Francisco’s existing costly and fragmented system for homeless services.
- Guaranteeing housing for all seems like a good cause, but the supporters of this flawed ballot measure haven’t thought it through. Like Prop C, Prop D is a blank check for City Hall and funds generated by the measure could be used for “any public purpose.”
The revenue generated from Prop C is intended to provide early childhood care and education; and the revenue from Prop D is designed to address housing and homelessness. However, both measures allow City Hall to use some of the funds for “other public purposes” – offering our politicians a blank check.
Both measures call for unprecedented tax increases among commercial landlords which will be passed on to local businesses and San Franciscans alike – displacing local businesses and making the City even less affordable.