Good morning!
There are some parts of the gigantic November ballot that no one should have to look at alone. Joe Eskenazi dug into the 112-page legal text on SF’s Prop M for us, and explains this post-pandemic rewrite of the city’s tax structure. It’s good news for the fattest cats (think Salesforce) and thinnest cats (restaurants, bookstores, your local bike repair shop.) And as for the in-between catsโwell, are you going to be sad if PG&E has to pay more taxes?
For the back story on Prop M, see our reporting on what work-from-home did to the city’s tax revenuesโand why all the city’s leaders decided something had to change.
In crime news, a man suspected of a stabbing on Broderick Street led police on a wild chase through the city, during which he purportedly โattempted homicides with a vehicle,โ striking cars and pedestrians. At Dolores Park, after ramming a SFPD vehicle, he fled, climbed a tree in the Castro, and leaped from it.
More soon,
Sara
The Latest News
Stabbing suspect goes on hit-and-run rampage
Both the stabbing victim and suspect were hospitalized with significant injuries.
Election 2024
The cunning plan behind proposed tax metamorphosis
“The cityย wantsย you to eat, drink and be merry, while countering the doom loop narrative.ย “
Back Story
2023: Remote work blew $484M hole in SF tax haul, report finds
“If we get an ever-larger percentage of zero, itโs not a great tax.โย
SNAP
