San Francisco faces a severe budget crisis, a doom loop, and we are losing our mantle as a world-class City. We know we cannot increase the vibrancy in all of San Francisco’s neighborhoods without improving street conditions. As the only candidate with significant and successful private sector experience, I will rebuild our local economy and make people proud to live, work, and visit San Francisco again.
- Create new tax incentives and programs across our city’s economic engines, including the Financial District, Union Square, Tenderloin, and SoMA
- Allow sales tax generated in Tenderloin and Mid Market to be kept in those neighborhoods to be dedicated to public safety infrastructure and services
- Tax reforms:
- Exempt every small business making less than $5 million in gross receipts from paying business taxes to support small businesses
- Provide incentives for businesses that bring workers back into the downtown core
Open Market Street back up to cars
Recommit to retail in Union Square and make Downtown a destination for San Franciscans and visitors
Provide aggressive tax-increment financing and local incentives to speed up the production of housing and help projects pencil in downtown
