Prop. E will boost our business climate

The City’s payroll tax unfairly penalizes businesses that employ large numbers of people. Proposition E is a smart tax reform that will change The City’s business tax structure.

San Francisco is the only large city in the state that uses such a tax. Prop. E would replace the payroll tax with a gross-receipts tax. This would bring down the tax rate for most companies at which labor costs represent the bulk of expenses — from small restaurants and service companies to big tech firms. Capital-intensive firms would pay more.

Vote yes on Prop. E; it is a smart reform that will improve The City’s business climate.

editorialsgross-receipts taxOpinionpayroll taxProposition E

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

Campos to serve as chief of staff for DA Boudin

Former Supervisor David Campos, a staunch progressive who leads the local Democratic… Continue reading

Candidates vie for four seats on SF school board

Pandemic adds to pressing issues already facing SFUSD leaders

Full lineup of Hardly Strictly Bluegrass announced

20th anniversary roots music festival streams on Oct. 3

Police launch hate crime investigations after shots fired near Armenian school

Incident follows anti-Armenian graffiti and suspected arson at church

Most Read