Yes on Prop E
PROP E IS BACKED BY AN EXTRAORDINARY COALITION
An extraordinarily broad coalition, led by mayor ed lee, board president david chiu and supervisor john avalos, crafted the prop e reform. prop e is endorsed by every member of the board of supervisors, business and labor, the democratic and republican parties and a wide array of neighborhood, merchant and civic organizations.
Join Mayor Ed Lee, Supervisors David Chiu And John Avalos, The Democratic And Republican Parties, The Progressive Revenue Coalition, The S.F. Council Of District Merchants, The S.F. Small Business Network, Sf.Citi, Sfmade, The S.F. Chamber Of Commerce And The S.F. Labor Council
On November 6th, Vote Yes On E
Prop E Means Fair Business Taxes, More Good Jobs And Better City Services
SAN FRANCISCO’S EXISTING BUSINESS TAX STRUCTURE HURTS JOB CREATION
San Francisco’s current business payroll tax is fundamentally unfair because it is a tax on jobs instead of a tax on sales or profits. That means now, every time a local business hires a new employee, its taxes increase — a huge disincentive to creating new jobs in San Francisco. The current payroll tax is a flat tax, so the biggest corporations and most profitable industries now pay the same rate as small neighborhood businesses and struggling startups.
PROP E REFORMS BUSINESS TAXES AND GIVES LOCAL SMALL BUSINESS A BOOST
Proposition E fixes our unfair tax system and replaces it with one that will help small businesses and startups create more jobs. Prop E is fair because it only applies the gross receipts tax to businesses with more than $1 million in annual sales, exempting most small businesses, sole proprietors and small residential property owners and shifting more of the tax burden to larger firms.
PROP E WILL CREATE JOBS AND GENERATE MORE REVENUE FOR CITY SERVICES
According to the City Controller’s impartial analysis, Prop E will help San Francisco generate more than 2,000 additional jobs. Prop E also will provide a more predictable and steady source of revenue to fund key public safety, affordable housing and public health programs, create a one-stop small business assistance center, and may even allow us to restore recent cuts to MUNI service.