Guaranteed income programs — which provide unrestricted cash payments to those who qualify — have sprouted up across San Francisco and elsewhere in recent years. Proponents see them as a more effective and efficient way to help people in poverty.
But proponents of guaranteed income programs are hoping it’s only a temporary setback. They are already mulling new ways to fund their efforts, which could include asking The City to dedicate a portion of its budget directly to the cause.
It’s a huge loss for those hoping the tax would be a boon to the burgeoning universal basic income programs in The City. The tax measure in San Francisco, which is still slated to appear as Proposition K on the November ballot, would create a centralized fund that would support guaranteed income programs and also support for small businesses.
The tax would apply to businesses that receive more than 80% of their revenue from shipping goods or services to customers in The City. But Laguana pointed out that Amazon’s business is diversified — for example, Amazon Web Services sells cloud computing services to San Francisco-based companies — and would likely argue that its revenues don’t meet the tax threshold.
The measure was developed by the Tenants and Owners Development Corporation, also known as TODCO, the nonprofit housing provider in SOMA. Its leader, John Eberling, told The San Francisco Standard that he will seek to have the measure removed from the ballot and plans to redraft it.
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