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News tagged: Taxes
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Chronicle: No on D
May 15, 2026
The Chronicle’s No on D endorsement argues Prop D is being sold as a tax on overpaid CEOs and a way to protect services, but would actually hit businesses and flow into the general fund.
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Opposition to Billionaire Tax Grows
May 7, 2026
Scott Wiener joined Gavin Newsom and other critics of California's proposed billionaire tax as opposition grows to a one-time asset seizure that critics say could encourage capital flight and is no substitute for broad-based, stable taxation.
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Prop D Raises Taxes
May 7, 2026
Prop D would sharply increase San Francisco’s gross receipts tax on some large companies. GrowSF recommends no, arguing the measure would likely raise consumer prices on groceries, household basics, and other everyday purchases.
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Transfer Tax Fix Threatened
April 10, 2026
City Hall needs more flexible revenue and to stimulate building development, but some want to keep tax rates high and locked to a single purpose.
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BUILD Act lowers cost of new construction
February 27, 2026
Mayor Daniel Lurie and Supervisor Bilal Mahmood proposed halving San Francisco’s transfer tax on $10M+ property sales—arguing it would make stalled housing projects pencil again. A companion ballot measure would remove a foreclosure-related exemption to backfill revenue.
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BART warns of 2027 service collapse
February 20, 2026
BART says if voters reject the Connect Bay Area sales-tax measure in November 2026, it could begin drastic cuts in January 2027—closing stations, cutting service, and raising fares—to try to close a massive structural deficit.
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CEO Tax Doesn’t Tax CEOs
January 22, 2026
San Francisco’s misnamed “CEO tax” isn't a tax on CEOs; it's a tax on revenue which will likely be passed on directly to consumers. It would raise the top rate by almost 800%, potentially hitting chains like grocery and pharmacy retailers the hardest.
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Prop M tax deal is unraveling
December 17, 2025
Labor unions and small business are gearing up for dueling tax measures that would rewrite last year’s Prop M compromise. Voters shouldn’t have to referee a special-interest feud over the city’s revenue base.
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Muni Parcel Tax Details
December 11, 2025
San Francisco has finalized a progressive parcel tax design for the November 2026 ballot that would raise $187 million a year for Muni, with most homeowners paying $129 while large landlords and commercial property owners shoulder the biggest share.
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Muni funding plan takes shape with parcel tax scenarios
November 7, 2025
Two detailed parcel tax scenarios target November 2026 ballot to close $307 million deficit.
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State Authorizes Transit Tax to Avert Muni, BART Collapse
October 17, 2025
Governor signs legislation enabling a 2026 ballot measure to address devastating funding shortfalls affecting Bay Area transit systems.
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Melgar Proposes Funding Study for Westside Subsidized Housing
September 19, 2025
Study request would explore using property tax increases from new development to finance subsidized housing in SF western neighborhoods.
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Mayor and Supes Back Property Tax to Save Muni
September 4, 2025
A 2026 ballot measure to generate $85 million annually for Muni is gaining support as transit agency faces service cuts.
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Wiener and Arreguín introduce SB63 for regional transit funding
March 24, 2025
Senators Wiener and Arreguín have introduced SB63 to authorize five Bay Area counties to run a regional funding measure for public transit.
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