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.READ MORE: 2 Men Suspected Of Setting Massive Caldor Fire Under Arrest
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.