Paid Argument AGAINST Proposition I
Vote No on Prop I. Doubling the tax rate while businesses are closing, unemployment rates are skyrocketing and our City heads into an economic recession is just plain irresponsible.
The priority of our city officials should be to stabilize the economy, work to retain jobs, and support small businesses through these uncertain times, NOT to raise taxes.
In addition, dramatically increasing the transfer tax rate will make it much more expensive to build new affordable and market rate housing, resulting in higher housing prices for future generations of renters.
Of the approximately 3,000 housing units in the development pipeline, 1,100 are affordable housing units. Increasing the transfer tax rate will add millions of dollars in construction costs and will prevent already-approved housing from ever getting built.
San Francisco is already one of the most difficult and expensive places to build housing in the country, and Prop I will only exacerbate our housing shortage.
Additionally, the Controller’s Report notes that the measure will “lead to a variety of tax avoidance behaviors” and will “further increase the volatility” of what is already the City’s most volatile revenue source.
Lastly, funds generated from this tax increase have no designated purpose and are set to go towards the City’s already-bloated budget of nearly $14 Billion.
Now is the time for long-term economic planning and recovery, not short-term attempts to fill in a growing budget deficit with volatile and unpredictable tax increases.
Vote NO today on doubling transfer taxes on housing and small business, especially in the face of an economic recession.
NO on Prop I.
San Francisco Apartment Association
The true source(s) of funds for the printing fee of this argument: San Francisco Apartment Association PAC.
The three largest contributors to the true source recipient committee: 1. West Coast Property Management, 2. West & Praszker Realtors, 3. Vanguard Property Management.
Paid Argument AGAINST Proposition I
Don’t be fooled by political rhetoric - Proposition I will hurt small businesses and stop the creation of new housing. Vote NO on Proposition I.
The proponents of Proposition I would like to say this is a tax on mansions - it’s not. It’s a tax on storefronts, small business offices, and new housing.
Proposition I doesn’t just tax the sale of property - it taxes commercial leases used by small businesses too. At a time when small businesses need as much flexibility as possible from their offices or storefronts, Proposition I will place another tax on them for trying to transfer their lease.
Proposition I will make creating new housing significantly more expensive by stopping some housing projects outright and making other homes significantly more expensive to build. Hundreds of affordable units will be impacted by Proposition I.
Vote NO on Proposition I. Protect our small businesses, local economy, and housing.
Edwin M. Lee Asian Pacific Democratic Club
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Vote NO on Proposition I, and protect our local economy.
Proposition I doesn’t just tax sales of wealthy property owners — it will push costs to small business leases, including restaurant leases. At a time when restaurants in San Francisco are struggling to renegotiate or transfer their leases, Proposition I creates substantial new costs that will be passed on to the restaurants and businesses holding the leases — putting additional financial burdens on businesses trying not to permanently close. These additional taxes could be the breaking point for many.
Our local economy is already struggling under the pandemic. Unemployment is at an all-time high, and over 50% of all storefront businesses are closed. We are experiencing one of the deepest economic recessions our city has ever seen. Now is NOT the time to increase taxes.
Please vote NO on Proposition I, and protect our small businesses and local economy.
Laurie Thomas, Executive Director
Golden Gate Restaurant Association
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Please vote NO on Proposition I.
Proposition I will increase taxes on San Francisco local businesses when we can least afford it. San Francisco businesses have been devastated by our pandemic recession, our tourism businesses are facing an uncertain future, and tens of thousands of residents are unemployed.
We should be trying to revitalize our economy, get people back to work, and save local businesses - not increasing taxes again.
Please vote NO on Proposition I, and protect our local businesses.
Kevin Carroll, President & CEO
Hotel Council of San Francisco
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Proposition I will hurt local residents, worsen our unemployment rate, and stop the production of hundreds of affordable housing units.
The ballot measure will threaten thousands of housing units across the city, making housing more difficult and more expensive for everybody. It will hurt our ability to provide union construction jobs for San Francisco residents, and prevent us from seeing a full economic recovery. San Francisco is experiencing unprecedented unemployment: jobs, affordable housing, and a strong economy are more important than ever.
Vote NO on Prop I.
Todd David, Executive Director
SF Housing Action Coalition
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Our city is facing one of our deepest economic recessions in a generation. As the pandemic drags on, San Francisco small businesses are being stretched to the breaking point. More than half of all storefront businesses have already closed their doors indefinitely. This is not the time to be increasing taxes and driving small businesses to become permanently closed - we need sound economic policy that protects small businesses and helps people get back to work.
Please vote No on Proposition I, and help small businesses get back on their feet.
Michael Cerchiai, Small Business Owner, Bimbo’s 365
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Vote NO on Proposition I.
If we continue to increase taxes, we will continue to hurt our local economy, jobs, and housing creation. San Francisco is already one of the most difficult places in the country to start and run a small business. If we do not stabilize our local economy, we will push companies to leave San Francisco - pushing jobs, tax dollars, and community investment away with them.
Please support sound economic policy, and vote NO on Proposition I.
Building Owners and Managers Association of San Francisco
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Vote no on Proposition I.
Proposition I will significantly hurt San Francisco’s economy. It is misguided to double this tax amid a global pandemic and a major recession, especially when San Francisco already has some of the highest taxes in the country.
Protect San Francisco’s local economy, please vote no on Proposition I.
Leland, Parachini, Steinberg, Matzger & Melnick LLP
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Vote NO on Proposition I to protect affordable housing, small businesses, and homeowners.
Proposition I could stop the creation of over three thousand homes, including over a thousand affordable housing units. It will make housing more difficult to find and more expensive for everybody. It will also risk hundreds of union construction jobs, which our economy just cannot afford to lose.
San Francisco is experiencing a pandemic, economic recession, and housing shortage. We cannot make housing more affordable if we continue increasing taxes on it.
Vote NO on Proposition I!
San Francisco Association of Realtors
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
San Francisco is one of the most difficult and expensive places in the country to build housing. Years of broken policy has left us with a housing shortage that has made housing more expensive and difficult to find for everybody.
Proposition I is another misguided policy that will only make affordable housing more difficult to build. We cannot make housing more affordable by continuing to increase taxes on it. This ballot measure puts thousands of housing units at risk, including hundreds of affordable housing units.
Please vote NO on Proposition I; help us protect affordable housing for everyone.
Chinese Real Estate Association of America
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Vote NO on Proposition I.
Proposition I will hurt homeowners, small businesses, and desperately-needed new housing. Proposition I will ensure that less homes are available in San Francisco, making housing more expensive for everybody.
You can’t make housing more affordable by increasing taxes on it. San Francisco already has the highest taxes on property transfers in the Bay Area, and one of the highest transfer tax rates of a major U.S. city. San Francisco’s current transfer tax is already significantly higher than Los Angeles, Seattle, Portland, Chicago, and New York City. We don’t need new taxes to create more affordable housing, we need better housing policy. This ordinance is bad for San Franciscans, our jobs, and the future of our city.
Vote NO on Proposition I.
Coalition Against Unfair Housing Legislation
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
San Francisco local businesses are the heart and soul of our city.
They are suffering like never before. The pandemic has forced hundreds of businesses to close permanently, those that are still open are teetering on the brink.
Now is not the time to raise taxes. We need long-term economic plans to bring investment and economic vitality back into San Francisco.
Please vote No on Proposition I.
Sal Chiavino, President
Premiere Catering and Events, a San Francisco small business
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Vote NO on Proposition I, and protect our local economy.
Proposition I doesn’t just tax sales of property - it also applies small business leases. At a time when small businesses across San Francisco are struggling to renegotiate or transfer their leases, Proposition I creates yet another financial burden. Businesses who are trying to resolve their long-term leases will be punished by Proposition I.
Our local economy is already struggling under the pandemic. Unemployment is at an all-time high, and over 50% of all storefront businesses are closed. We are experiencing one of the deepest economic recessions our city has ever seen. Now is not the time to increase taxes.
Please vote NO on Proposition I, and protect our small businesses and local economy.
Maryo Mogannam, President
Council of District Merchants Association
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
If Proposition I passes, it will significantly worsen the housing crisis in San Francisco. The transfer tax will put thousands of new housing units at risk, including hundreds of affordable housing units. It will threaten thousands of union construction jobs, further increasing our unemployment rate.
We need real solutions to rebuild our economy after the COVID-19 pandemic. San Francisco’s transfer tax is already higher than any other major U.S. city, and doubling it in a time of deep economic insecurity is reckless and bad for all San Franciscans.
Vote NO on Proposition I.
Coalition for Better Housing
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Increasing taxes at a time when our economy is heading into recession and unemployment rates are at an all-time high is irresponsible policymaking. The priority of our city officials should be to stabilize the economy, work to retain jobs, and support businesses that can steer San Francisco through these uncertain times.
Vote NO on Prop I, and protect our local economy from reckless taxes.
Chris Wright, Executive Director
The Committee on Jobs
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Vote No on Proposition I! It’s Idiotic!
VOTE NO ON PROPOSITION I
This tax represents the highest form of City Hall gouging.
Oppose the imposition of this ill-conceived “holdup” for money. The act of recording a real estate deed of new ownership at the Recorder’s office is simple and straightforward.
How much time is actually required for one of City government’s 38,000 employees to stamp and file a deed? 10 minutes? Or less with technology!
Five supervisors who’ve never seen a tax they didn’t like, want you to double the fee from 2.75% to 5.5% on transactions between $10 and $25 million and 3% to 6% on $25,000,000 and over!
The Controller dubs it “the City’s most volatile revenue source . . .” and says Prop I “would further increase the volatility of this source.”
Demand the Board of Supervisors exercise fiscal constraint rather than gouging every fee they can find to support their lack of fiscal discipline. If they cannot resist during a global pandemic, it’ll be ‘Katy Bar the Door in the future’!
San Francisco Taxpayers Association
Judge Quentin L. Kopp (Ret.)
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Please vote no on Proposition I to protect affordable housing and small businesses.
This tax increase could not come at a worse time. Our city is facing one of the greatest economic recessions its ever seen. Over 50% of storefront businesses are closed indefinitely, many of which are immigrant-owned. Our neighborhoods and communities are struggling.
This tax will only send another shock to our economy, further destabilizing our small businesses and taking away financial options from merchants. It will have a huge impact on our immigrant-owned businesses, who will face additional burdens and lose financial security through Prop I.
This is the wrong time and the wrong policy. Please vote no on Proposition I.
Bill Lee, Retired City Administrator and San Franciscan
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
San Francisco local businesses are the heart and soul of our city.
They are suffering like never before. The pandemic has forced hundreds of businesses to close permanently, and those that are still open are teetering on the brink.
Now is not the time to raise taxes. San Francisco has raised the transfer tax 3 times in just over a decade, and we already have some of the highest taxes and fees in the country. We need long-term economic plans for recovery that bring investment and economic vitality back into San Francisco.
Please vote No on Proposition I, and protect our small businesses.
Tiffany M Pisoni, Owner
Swiss Louis Italian and Seafood Restaurant, a San Francisco small business
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Vote No on Proposition I! Now is not the time for tax increases.
Even before the pandemic, San Francisco was a really difficult city for small businesses. Now tourism has disappeared and over 50% of all business storefronts are closed indefinitely. Our economy cannot take another shock, and now is not the time for additional tax increases.
Small businesses are doing their best to survive in a tough environment. We should be making it easier, not harder, for businesses to stay afloat. Protect our local economy, please vote NO on Proposition I.
Brian Hayes, San Francisco Small Business Owner
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Vote no on Proposition I. San Francisco is already experiencing an unprecedented crisis due to the coronavirus. Prop I will hurt small businesses and worsen our housing crisis at the worst possible time.
Sandy Mori, San Franciscan and API community advocate
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Vote NO on Proposition I to protect affordable housing in San Francisco.
Proposition I harms the creation of new housing. The tax increase hurts projects’ financial viability and will kill large housing projects stuck in the pipeline. San Francisco is already one of the most difficult places in the country to create housing, especially affordable housing. For many projects, this tax will be the tipping point that stops housing from being built.
Thousands of housing units in the pipeline are at risk, including hundreds of affordable homes for our most vulnerable residents. Proposition I will make housing more expensive and less available. Please vote NO on Prop I to protect affordable housing creation in San Francisco.
Mike Chen, San Franciscan and housing advocate
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Vote no on Proposition I to protect our San Francisco businesses.
San Francisco’s economy is struggling. Hundreds of small businesses have been forced to pause services, and many will be forced to close their doors, permanently. San Francisco must focus on measures that make investment and opportunity more accessible, not less, in addressing the recession. Increasing taxes during a time of deep economic uncertainty will only drive more jobs and businesses out of the city.
Proposition I has no protections for small businesses and will only make our economic downturn worse.
Please vote no on Proposition I.
Lara L. DeCaro, San Franciscan
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
San Francisco small businesses say NO to Proposition I.
Our small business community is facing a major crisis. Over 50% of storefront businesses are closed, and tens of thousands of San Franciscans are out of work. Small businesses are closing every day.
We need to support our neighborhood businesses and merchant corridors. Proposition I would create another tax that small businesses would need to pay, either through increased rents or when they need to transfer their leases.
Please vote NO on Proposition I, and protect our local small businesses.
Betty Louie, Small Business Owner
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Please vote no on Proposition I.
San Francisco is already experiencing one of the deepest economic recessions we have ever seen. Now is not the time to increase taxes, now is the time to support small businesses and begin planning for economic recovery. Please vote no on Proposition I, and protect our small businesses.
Stephen Cornell, Small Business Leader
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
San Francisco is facing nearly unprecedented unemployment, and many businesses are shifting their operations outside San Francisco. We need to create an environment that jumpstarts our economy and gets people back to work. San Francisco’s city budget is facing a $2 billion budget deficit - driving more of our tax base out of the city will only deepen our deficit, worsen our economic crisis, and hurt small businesses. Please vote no on Proposition I, and oppose further tax increases during an economic recession.
Steve Farrand, San Francisco business leader
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Please vote NO on Proposition I.
Proposition I will hurt homeowners, small businesses, and our local economy. We must start thinking long-term about our economic recovery, and avoid reckless policy. San Francisco’s transfer tax rates are already higher than in most Bay Area cities, this would be another roadblock.
Please vote NO on Proposition I, and give our economy a chance to recover.
Betty Wong, San Franciscan
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Vote NO on Proposition I!
Don’t be fooled - the real people who will end up paying the Prop I tax are San Francisco renters. This tax will only increase the cost of creating desperately-needed housing, including affordable housing. Just as San Francisco rents were beginning to drop, Prop I will make housing more expensive again.
Don’t make the housing crisis worse. Vote NO on Proposition I.
Anh Tu Nguyen, San Francisco resident
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Please vote no on Proposition I.
It is the wrong time, wrong crisis, and wrong policy. We need to support our small businesses and local economy, not implement reckless legislation.
Carrie Magee, San Franciscan
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Vote NO on Proposition I to protect affordable housing in San Francisco.
Proposition I harms the creation of new housing. The tax increase hurts projects’ financial viability and will kill large housing projects stuck in the pipeline. San Francisco is already one of the most difficult places in the country to create housing, especially affordable housing. For many projects, this tax will be the tipping point that stops housing from being built.
Thousands of housing units in the pipeline are at risk, including hundreds of affordable homes for our most vulnerable residents. Proposition I will make housing more expensive and less available. Please vote NO on Prop I to protect affordable housing creation in San Francisco.
Sara Tam Ogilvie, San Franciscan and housing advocate
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Please vote NO on Proposition I.
We are in a time of economic instability unlike we have seen in decades. The last thing local officials should be doing is proposing drastic new taxes. Small businesses must be able to plan their finances in order to begin rehiring. Proposition I will cost our city jobs, tax dollars, and local investment.
Please vote NO on Proposition I, and protect our local economy.
Rebecca White, San Franciscan
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Please vote no on Proposition I.
Proposition I raises taxes on the San Franciscan economy when we can least afford it. Over 175,000 San Franciscans have lost work this year, and hundreds of small businesses are facing closure. We cannot risk sending our economy into a tailspin.
Please vote NO on Proposition I, and protect our city’s economy.
Alfred Wong, San Francisco resident
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Please vote NO on Proposition I. San Francisco’s economy is already struggling, and Proposition I will only make it harder for small businesses during the pandemic.
Mark Young, San Franciscan
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Vote NO on Proposition I!
This tax masquerades as a millionaires tax, but is actually a tax that will hurt housing projects that are critical to San Franciscans. The tax will stop projects that would provide affordable housing, create union jobs, and provide storefronts for small businesses. This tax puts thousands of potential homes at risk, making housing more expensive and difficult to find for everybody.
Please vote NO on Proposition I. Don’t be misled by another tax increase.
Joel Luebkeman, San Franciscan
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
We are in a time of unprecedented economic instability. Over 50% of storefront businesses have closed in San Francisco, and small businesses are struggling to stay afloat.
Now is not the time to increase the transfer tax. Many small businesses purchased their storefronts or buildings to protect themselves from increasing rents during the economic boom. Now, they are relying on those storefronts and buildings to cover their bills. Proposition I will take away the flexibility and financial stability that many small businesses need to survive the pandemic recession.
Please vote NO on Proposition I, and help small businesses during this critical time.
Dena Aslanian-Williams, San Franciscan
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Please vote no on Proposition I. We need to protect San Francisco small businesses, and we need to continue to create desperately-needed housing. Proposition I stops us from being able to construct new housing and will hurt small businesses.
Please vote no on Proposition I this November.
Horatio Jung, San Franciscan
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Vote NO on Proposition I.
San Francisco is facing one the deepest recessions in a generation. Now is not the time to place another tax on our local economy and small businesses.
Please vote no on Proposition I. Protect our small businesses and economy.
Garret Tom, San Franciscan
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Please vote NO on Proposition I!
San Franciscans cannot afford yet another tax. We are in the midst of one of the deepest economic recessions in a generation, and small businesses are closing every day. The Prop I tax will be passed down to small businesses through their rents, and the tax will be applied to their storefront and office leases.
Small businesses will ultimately be the ones who pay this tax. Please vote NO on Proposition I.
Kimnay Im, San Franciscan
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Please vote no on Proposition I.
Proposition I will make it more difficult and more expensive to build desperately-needed housing in San Francisco. The Prop I tax will only worsen our housing crisis.
Ronald Young, San Franciscan
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Please vote NO on Proposition I!
Proposition I will hurt our communities and our small businesses. At a time when San Francisco is experiencing a pandemic recession, we can’t afford Proposition I’s immediate tax increase.
Please vote NO on Prop I.
Timothy Toye Moses, San Francisco community leader
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Please vote no on Proposition I.
This permanent, immediate tax increase will discourage new small businesses in San Francisco. We need to support small businesses in SF, instead of giving them another tax.
Vanita Louie, long-time San Francisco resident
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Long-time San Franciscans oppose Proposition I because we know that it will hurt our city’s future.
This permanent tax increase will discourage new small businesses from starting in San Francisco, during a time when we need to do as much as we can to support them. We should be encouraging small business in SF, not taxing it.
Vote to protect San Francisco’s future. Vote NO on Proposition I.
Austin Louie, long-time San Francisco resident
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Please vote NO on Proposition I!
San Francisco’s economy is already on the brink. Hundreds of small businesses have closed, tens of thousands of San Franciscans are unemployed, and over 50% of storefronts remain shuttered indefinitely. Our economy cannot afford yet another tax during one of the deepest recessions in our history.
Please vote NO on Proposition I, and protect our economy and our working families.
Jia Suey Wu, San Franciscan
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Tens of thousands of jobs have already been lost due to the COVID-19 pandemic. Adding new, unvalidated taxes will only exacerbate an already challenging economic environment. In order to guide San Francisco through this recession and into a recovery, we need relief for small businesses, incentives for job growth, and economic stability.
Please vote NO on Proposition I.
Samnang Soy, San Franciscan
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Vote NO on Proposition I!
Proposition I will increase the cost of housing for everybody. San Francisco is already one of the worst cities in the country to build housing, and Prop I will make housing significantly more difficult to create. This tax will make housing more expensive for everybody.
Please vote no on Proposition I - help prevent our housing crisis from getting worse.
Jeffrey Woo, San Franciscan
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Please vote no on Proposition I. Proposition I will hurt small businesses and worsen our economic downturn. We need to support our small businesses during this pandemic, not increase their financial burden.
Moses Lim, San Francisco resident
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Vote NO on Proposition I.
Our economy cannot take one more shock. Now is not the time to introduce immediate, dramatic tax increases.
Please vote NO on Proposition I, and protect our economy.
Kimsophea Tune, San Franciscan
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Please vote no on Proposition I. It’s bad for small businesses, and it’ll worsen our housing crisis. This pandemic has devastated our economy - we need long-term planning, not immediate and permanent taxes.
Patrick O’Sullivan, long-time San Franciscan
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Please vote no on Proposition I!
San Francisco’s economy cannot take another shock. Proposition I will place another tax on our economy, driving away jobs, businesses, and families from the City, as well as crippling our ability to recover from the COVID19 pandemic.
Please vote no on Proposition I, and protect our local economy.
Jason Leung, San Franciscan
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Please vote NO on Proposition I.
Proposition I will put one more tax on San Francisco’s struggling economy. Now is the time for thoughtful economic planning and recovery, not a tax increase that will be paid by small businesses.
Margaret O’Sullivan, San Franciscan
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Don’t be fooled by Proposition I!
Proposition I proponents are hiding its real impacts behind fancy rhetoric. Proposition I will increase taxes on housing and small businesses in San Francisco. Our city is already facing so many economic challenges during the pandemic, and our taxes are already some of the highest in the nation. We don’t need another tax, we need to support our economy.
Please vote NO on Proposition I.
Bessie Prezer, long-time San Franciscan
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Please vote NO on Proposition I.
Proposition I is the wrong policy at the wrong time for San Franciscans. It makes no sense to immediately and dramatically increase taxes amidst one of the worst economic recessions we’ve seen in 30 years. This is the time for long-term economic planning and recovery, not short-term thinking. Asking for a tax increase at the same time 175,000 San Franciscans have filed unemployment claims is unacceptable.
Please vote NO on Proposition I and protect working families.
Marivic Cuevas, San Franciscan
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Don’t be fooled by political rhetoric - Proposition I will hurt small businesses and stop the creation of new housing. Vote NO on Proposition I.
The proponents of Proposition I would like to say this is a tax on mansions - it’s not. It’s a tax on storefronts, small business offices, and new housing.
Proposition I doesn’t just tax the sale of property - it taxes commercial leases used by small businesses too. At a time when small businesses need as much flexibility as possible from their offices or storefronts, Proposition I will place another tax on them for trying to transfer their lease.
Proposition I will make creating new housing significantly more expensive by stopping some housing projects outright and making other homes significantly more expensive to build. Hundreds of affordable units will be impacted by Proposition I.
Vote NO on Proposition I. Protect our small businesses, local economy, and housing.
Mary Jung, Past Chair of the SF Democratic Party
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
San Francisco’s economy cannot take another blow.
Proposition I would put another tax on small businesses and our local economy. We’re already facing one of the deepest economic recessions in 30 years. Another tax will only worsen our downturn.
We cannot afford the Prop I tax. Vote NO on Proposition I.
Benjamin Leong, San Francisco resident
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.
Paid Argument AGAINST Proposition I
Please vote no on Proposition I.
Proposition I will hurt homeowners, small businesses, and our local economy. San Francisco’s transfer tax rates are already higher than in most Bay Area cities and more excessive than in other major cities, including Los Angeles, New York City, Chicago, and Seattle. We are also one of the most difficult cities to start, operate and build sustainable small businesses. This would be another roadblock. We must start thinking long-term about our economic recovery, and avoid reckless policy.
Please vote no on Proposition I, and give our economy and small businesses a chance to recover.
John Yen Wong, Long-time San Franciscan
The true source(s) of funds for the printing fee of this argument: The Committee for San Francisco Economic Recovery Sponsored by the SF Chamber of Commerce.
The sole contributor to the true source recipient committee: BOMA SF Independent Expenditures PAC.