This is a really clear breakdown from the @sfcontroller's office re: the three tax proposals introduced this week. It includes the core features shared by each and breaks down the main differences.https://www.documentcloud.org/documents/6952941-Summary-of-Three-Tax-Proposals-Nov-2020.html …
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The three proposals: 1) The proposal introduced BY the mayor AT the board 2) The one the mayor introduced directly to the ballot 3) The one the board introduced If all goes as planned, there will be 1 unified version that actually gets in front of voters in November.
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Some of the core differences. In short,pic.twitter.com/F2rAyaYpOi
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Replying to @DominicFracassa
@cherring_soc if I’m reading this correctly, this raises business taxes on the tech sector by 40% while cutting them by 50-75% for retail/food/SMBs while adding a step function for unemployment.1 reply 0 retweets 1 like
Seems like a more holistic approach versus just putting a stock comp tax on just because w/ no intended allocation. The last version taxed at vest, which is a problem bc many companies go to zero.
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