Two dueling business tax measures in San Francisco — Propositions C and D — are both lagging behind the necessary majority each needs in order to pass, early results showed Tuesday night.
Prop D, or the “Overpaid CEO Salary Tax,” proposes to increase tax rates of large businesses and corporations through changing the city’s tax structure as a way to increase revenue for the city. As of 10:45 p.m., 55% of ballots counted have rejected Prop D.
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