A yes vote supports increasing the top executive pay tax for large businesses based on a global pay ratio.

This measure is expected to generate an additional $250 million to $300 million annually for city services, addressing income inequality. However, it risks making San Francisco less attractive to businesses, potentially leading to reduced investment or company relocations.

A yes vote supports increasing the top executive pay tax for large businesses based on a global pay ratio. This measure is expected to generate an additional $250 million to $300 million annually for city services, addressing income inequality. However, it risks making San Francisco less attractive to businesses, potentially leading to reduced investment or company relocations.

Info sourced from public filings, verified media, and official campaign materials and summarized by AI. Learn more

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Who's recommending a yes vote on the Measure DThe measure to increase business taxes based on executive pay disparities enjoys broad support, endorsed by labor unions like AFSCME Local 3299 and prominent figures like Nancy Pelosi and Bernie Sanders. Key opposition includes the San Francisco Chamber of Commerce and major tech firms.

Strong establishment backing

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Connie Chan

I am supportive of the overpaid CEO tax. Not only that, I, in fact, had our own version of it earlier this year. But we withdrew when we began to realize our labor partners had a very similar proposal, so we thought that signature-gathering is absolutely the way to go. It’s a lower barrier (50+1 percent vs. 66.7 percent) and I always think signature-gathering is in the San Francisco style. It’s very community-driven and allows conversations with voters. It addresses overpaid CEOs — CEOs paid 100 times or more the median income employee of their company. It’s about, how do we address the gap between the CEOs and the workers? It really is a significant gap. We have seen, on the federal level, billionaires and corporations are getting tax breaks. At the same time, we’re getting health care cuts, food security cuts and education cuts from the federal government. I want to see us revert to pre-Prop. M (of 2024) and make sure these corporations are paying their fair share in San Francisco.

Danny Sauter

Yes, I am supporting the Overpaid CEO Tax. As we face serious budget shortalls, we need new avenues to provide essential services that our residents rely on. This measure means we can avoid drastic cuts to street cleaning, first responders and community programs.

Alan Wong

I support the CEO tax as a measured, practical step. As we work through San Francisco’s budget challenges, it seems reasonable to ask large corporations to contribute a bit more to help sustain the services and infrastructure that make our city a place where businesses can thrive and succeed. My goal is for San Francisco to succeed as a city that supports both a strong business environment and a high quality of life for its residents and workers.

Bilal Mahmood

Trump’s HR 1 created a $400 million budget hole in San Francisco, putting tens of thousands at risk of losing health care and food assistance. Prop. D is the only measure that can meaningfully close that gap, asking only the largest corporations to pay about a 1% gross receipts tax. Small businesses are protected, and similar taxes have not led to corporate flight or higher consumer costs. At a time when residents are being asked to pay more, it’s only fair that big corporations do their part.

Myrna Melgar

Yes. The rich got a huge tax cut from Donald Trump’s “Big Beautiful Bill.” This is one thing we can do at the local level to mitigate the damage.

Shamann Walton

I am in 100% support of the CEO tax. We have a large projected budget deficit and this tax will ensure that the people who earn the most play a role in addressing the city’s needs.

Chyanne Chen

I am a supporter of the CEO tax and will proudly be voting for it in June.

Natalie Gee

Yes, I support it and actually helped gather signatures to get it on the ballot through my union, IFPTE Local 21. Working people already pay our fair share, whether it’s sales tax or property tax. Meanwhile, CEOs got double-digit tax cuts from the federal government last year. We’re just asking these big corporations, whose CEOs make 100 times what the median worker makes, to invest a little more in the city and keep our essential public services running.

David E. Lee

Yes, I support the CEO tax. I will vote yes on D on my own ballot. A lot of billionaires already have tax breaks from the federal government. It’s time for billionaires to pay their fair share in San Francisco.

Matt Haney

I support the CEO tax. Yes on Prop. D

Info sourced from public filings, verified media, and official campaign materials and summarized by AI. Learn more