We are very concerned about San Francisco’s economic recovery. Over the past two years our City has lost more than 40,000 private sector jobs; 13 million square feet of commercial space, much of it neighborhood retail, sits vacant and businesses of all sizes are struggling.
Despite these facts, we believe an economic turn around is in sight. At this fragile point, the economic recovery can be stifled with new or increased taxes. This November’s ballot will feature two taxes that will further damage the economy.
- Real Estate Sales Tax Hike - Prop N
- Hotel Tax Increase - Prop J
No amount of local government spending will replace the private sector jobs lost in the recent recession. Only through sustained economic growth will we create the jobs, economic opportunity and tax revenue our City needs. This is why we are opposing higher taxes. Please join us in opposing Measure J and Measure N this November. Vote No on J and No on N.