San Francisco Proposition C: Business Tax Exemption and Large Company Tax Rate Adjustment
Plain-English Summary
This measure would increase the tax exemption threshold for businesses from $5 million to $7.5 million in gross receipts. It would also temporarily raise the Top Executive Pay Tax rate for larger companies in 2027, while freezing subsequent increases.
What each outcome does
If yes passes, the tax burden on small to midsized businesses would be eased by raising the tax exemption threshold, and larger companies would contribute to city revenues at a higher rate in 2027.
If no passes or yes fails, the current tax exemption threshold of $5 million would remain, and the Top Executive Pay Tax rate for larger companies would not be temporarily increased in 2027.
Who is funding each side
BallotPulse is non-partisan. We summarize each outcome in plain English and disclose the money on both sides. We do not tell you how to vote. Always read the official ballot text and decide for yourself.