Report says Overpaid CEO Tax could eliminate jobs and shrink SF economy

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The ink was barely dry on San Francisco’s hard-won 2024 business tax overhaul before business and labor groups started shredding it.

Now, with voters set to decide on dueling ballot measures June 2, the city economist is warning that the more aggressive of the two — Proposition D, the Overpaid CEO Tax — could cost San Francisco nearly 1,000 jobs and shrink the local economy by more than $200 million annually over the next two decades…

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