SAN FRANCISCO (KCBS) — A real estate taxation measure on San Francisco’s ballot prompted dueling rallies on the steps of City Hall Monday morning.
Proposition G is a measure that calls for a tax on the total sales price of certain properties sold within five years.
State Senator Mark Leno was in attendance and on their side.
“If we want to discourage smoking we put a tax on tobacco products. If we want to discourage short-term investment, we put a surcharge on the flipping of properties,” Leno said.