Oakland's Measure C proposes a one-year business tax break for small businesses grossing under $1 million, set for the June ballot. - 12,000 existing businesses could benefit, plus new ones opening in 2027.
- The city would lose $2.2 million in revenue, a fraction of the $130 million annual business tax income. - Eligible businesses include grocers, restaurants, and retailers; excluded are hotels, cannabis firms, and landlords.
- Owners support the measure but note it's a modest relief amid rising costs and other challenges. The measure needs a simple majority to pass and could be extended for up to three more years.