Proposition 42

Reasons

• “Ownership taxes fail on their own mechanics.”

  GrowSF · Source

• “CADC supports Prop. 42 because it establishes a constitutional limit against new wealth or asset taxes and retroactive taxation.”

  Chinese American Democratic Club · Source

Reasons

• “Prop. 42 was primarily placed on the ballot to defeat Prop. 40, a competing tax measure on billionaires.”

  SPUR · Source

• “And you don’t have to support the billionaire wealth tax to realize the potential collateral damage Prop 42 could cause.”

  San Francisco Chronicle · Source