SF unions, biz groups cross Rubicon with duelling ballot measures
The die was likely cast Friday for a June electoral battle between San Francisco business and labor groups over business taxes after both a union-led coalition and an alliance of commercial interests filed signatures to qualify competing tax-hike and tax-cut measures for the ballot.
Warning of threats to health care and other services largely because of federal budget cuts, members of the labor-led Stand Up for SF coalition on Friday morning turned in more than 21,000 signatures aimed at qualifying their measure, which they predict would raise more than $200 million annually for city services.
“It's time for large corporations to pay their fair share,” said Brittany Hewett, a nurse from Zuckerberg San Francisco General Hospital and Trauma Center, to reporters and others as she and colleagues unloaded boxes of petitions to submit to The City’s Department of Elections, which will verify whether they contain the 10,643 valid signatures needed for ballot qualification.
The coalition’s “Overpaid CEO Act” campaign aims to increase and reformulate the Overpaid Executive Gross Receipts Tax, which is sometimes referred to as the Top Executive Pay Tax. Voters originally approved it in 2020 and then drastically lowered it in 2024.
https://www.sfexaminer.com/news/politics/sf-unions-business-groups-commit-to-june-ballot-tax-battle/article_7c8e32e2-48f1-487b-9186-d6897816a68f.html