SF Ballot Measures

San Francisco's union-backed "Overpaid CEO Tax" is headed for the June 2026 ballot, with critics calling it a misnomer that could raise gross receipts taxes by 800% on major employers like Safeway while leaving actual executive paychecks untouched. Economists and business groups warn the hike would accelerate corporate flight from a city where companies representing $400 billion in market value have already left—and where a third of downtown office space sits empty.