All News of City and County of San Francisco
June 01, 2026 09:58

Views: 1

San Francisco's Overpaid CEO Tax: A Bellwether for Progressive Pushback?

San Francisco, politics, taxes, economy, City and County of San Francisco, San Francisco County, Local, Money

Proposition D in San Francisco, which would tax companies with highly paid CEOs, is a key progressive push in the current election cycle. - The measure has 60% support in a poll from four months ago, but the race has tightened.

- Moderates fear a political backlash as progressives seek to swing the pendulum leftward. - Supporters argue that federal tax breaks for wealthy CEOs and cuts to cities strengthen the case for higher taxes.

- The outcome could serve as a bellwether for a statewide tax fight in November, with voter sentiment potentially outweighing campaign spending.

This story was originally reported by sfstandard. Read the original article here.

Summarized by CaliforniaToday AI.

Tags

San FranciscopoliticstaxeseconomyCity and County of San FranciscoSan Francisco CountyLocalMoney
CALIFORNIA WEATHER

News feed

3 June 2026 / 16:54

San Clemente Couple Arrested with Ketamine and Cash
A San Clemente couple was arrested in Simi Valley after police found two kilograms of ketamine and $...
3 June 2026 / 16:50

UK orders Google to let news sites opt out of AI scraping
The UK's Competition and Markets Authority has ordered Google to allow news publishers to opt out of...
3 June 2026 / 16:48

Woodside Council Approves Contested Housing Project
The Woodside Town Council approved a multigenerational housing project at 10 Still Creek Road after ...
3 June 2026 / 16:46

Google's Plan to Release Sterile Mosquitoes in California
Google's Debug Project proposes releasing sterile male mosquitoes in California and Florida to reduc...
3 June 2026 / 16:40

Dual U.S.-Iranian Citizen Charged with Supplying Equipment to Iran's Nuclear Program
A Newport Beach man has been charged with violating U.S. sanctions by supplying American security eq...
3 June 2026 / 16:38

SAFE Vallejo Operation Nets Eight More Arrests
Police in Solano County have made eight additional arrests as part of the SAFE Vallejo operation tar...
3 June 2026 / 16:34

Plumas National Forest Opens Recreation Sites for Summer
Plumas National Forest has opened nearly all recreation sites for the summer season, with some campg...
3 June 2026 / 16:28

Messi, Ronaldo, Ochoa Headline Final World Cup Rosters
The final rosters for the 2026 FIFA World Cup feature stars like Messi, Ronaldo, and Ochoa. Switzerl...
3 June 2026 / 16:26

Fifth suspect arrested in Goleta teen murder case
Authorities have arrested a fifth suspect in the murder of a 17-year-old in Goleta Valley. The victi...
3 June 2026 / 16:25

Uninvolved Woman Killed in High-Speed Crash After Suspect Flees Bakersfield Police
A woman not involved in a police pursuit was killed Tuesday morning in southeast Bakersfield when an...