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← San Francisco voter guide: November 2020
YES
Prop J

Parcel tax to fund schools

Parcel taxes capture land value appreciation and fund schools during Covid-19.

Prop J replaces a 2018 parcel tax currently facing legal battles with a new one that would fund schools. Parcel taxes are great because land in San Francisco has appreciated so rapidly, making landowners generally quite wealthy. Normally, that kind of public wealth could be captured by property taxes---or better yet, land values taxes---but since Prop 13 limits that, parcel taxes approximate it while also taxing multifamily housing less than single-family homes (since each building, rather than unit, is treated as a single parcel). Funding schools, which need resources to educate kids in new Covid-19 circumstances, is a worthy use.