San Francisco residents will be voting on Proposition E next week, an important measure aimed at eliminating the ridiculous payroll tax companies here pay and replacing it with a (slightly less evil) revenue tax. The net effect – an estimated increase in tax revenue for the city of around $28.5 million next year, and a significantly more startup-friendly environment.
If you love startups and live in San Francisco, I urge you to vote yes on Prop E.
It’s virtually impossible to find anyone who doesn’t think Prop E is good for San Francisco. It’s supported by Mayor Ed Lee, the SF Republican Party, the SF Democratic Party and every single member of the SF Board of Supervisors.
In fact, the only people who are really against Prop E, probably, are cities like Palo Alto down the peninsula who stand to get more SF jobs if the payroll tax stays in place.
Here’s what you can do to help:
- If you live in San Francisco, remember to vote for Prop E next week (and Prop 37!)
- There’s a link here to register to vote online.
- Start yelling your support for Prop E online using the hashtag #yesonE and follow/re-tweet @sfciti.
- Show your support and get friends on board at Votizen.