Oakland remains the most punitive of all Bay Area cities in fashioning policies, taxes and conditions that force Mom & Pop rental providers out of business. The acceleration of displacement, gentrification, removal of low-cost rentals, & homelessness is aided by these misguided policies. The CC now has a chance to take a step to ameliorate this deteriorating situation.
For example, the current Business Tax is totally regressive in its impact on Small Rental Property Providers (SRPPs). It is time to now recognize that small Mom & Pops need to be recognized as a Class separate from large developers, commercial renters, and large landlords. The CC should shift the tax burden of the smallest rental providers by including all rental providers with gross receipts of less than $200,000 in one of the Class being proposed I the PBT; OR establish a separate class for these small businesses.
Making this decision now will take an important step toward correcting the current situation. It will also bring on thousands of additional supporters for a truly “Equitable” Progressive Business Tax Ballot Measure.