You would read this whole thing and ask....what exactly can you make for some contingency plan....other than some quick-to-tax scheme or some challenge to the Supreme Court which will be loaded when they meet in January and get Trump’s new judge.
One might sit there and ask how to invent more taxes, and the logical answer is that you go after the rich or the big-name companies of SF. If you were a CEO making a million a year and living in SF....you might want to prepare for a shock, or prepare to move out of the city. Business operations? To be handed a new tax bill?
All it’ll do is make people question how this mess started in the first place and why the city has to stumble so badly.
Their first option will be to seek long-term gap funding in municipal bonds and then to increase business licenses, fees and increase business property tax. As a last resort, regular home owner property taxes.
They have to appear to keep the brunt of the gap funding maintenance costs off away from the private citizen homeowner - because they vote. The increase in prices to the consumer from these businesses who are the stuckee for the gap funding maintenance will be blamed on capitalist pig gouging.
If I were the mayor I would get a federal judge to rule...... you can’t do that