The Prop L tax on rideshares is winning the votes with a 56%-44% margin, aimed at alleviating Muni's $214 million deficit. But it faces stiff competition from Prop M.
Prop M, with nearly 20,000 more votes than Prop L, is set to cancel out the effects of the rideshare tax due to a clear stipulation in its legislative text.
While both propositions seem unrelated, they both propose changes to the city's gross receipts tax system, setting the stage for legal complications.
Prop L advocates remain hopeful about their chances in the remaining ballots, indicating a potential for change despite current results favoring Prop M.
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