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Deduction to San Francisco filers so we think that its about 2. 1 billion for the state and local tax dedukd deduction a lot smaller, i dont know, 100 million or so in the property tax deduction. Supervisor cohen so overall theres less revenue going into the state budget and the local San Francisco budget for us to then reallocate during the budget process . I dont think that its a direct affect and if you take 2 2. 1 billion out of the local economy, you have to expect that it will affect the local business ability to invest or to expand supervisor cohen to hire. You have to expect that Discr...

Hitting the people that we actually wanted in San Francisco versus the corporations that buy up a lot of real estate here that are going to get a huge break with this tax deduction. Lets just hope that people have a moral conscience and thats farfetched, i know, and well pushback on this but i think that we are i mean, its hard to see what the changes might be because everything is in flux but just looking at this i think that it could really hit a lot of San Francisco, but what were trying to do to get people middleclass folks in sa San Francisco to invest in a small piece of real estate here...

Lets just hope that people have a moral conscience and thats farfetched, i know, and well pushback on this but i think that we are i mean, its hard to see what the changes might be because everything is in flux but just looking at this i think that it could really hit a lot of San Francisco, but what were trying to do to get people middleclass folks in sa San Francisco to invest in a small piece of real estate here, its going to be detrimental to that effort. Supervisor cohen definitely. Any other tax wisdom that you want to share with us . Not at this moment. Ill turn it over to cindy comerfo...

For discount rate. Were proposing two options for assumption. Option one would reduce Price Inflation and Wage Inflation and discount rate by 25 base points. Option two would reduce price and wage by 25 basis points. The data in the study shows the reasons for pushing in particular the Price Inflation down. Then we have a discussion of the discount rates, i guess we show the historical changes weve made in these assumptions. If im just going to skip forward just quickly, Price Inflation, if you look at all the survey information, 3 is kind of a high level. There are some of the california plan...

To see what the changes might be because everything is in flux but just looking at this i think that it could really hit a lot of San Francisco, but what were trying to do to get people middleclass folks in sa San Francisco to invest in a small piece of real estate here, its going to be detrimental to that effort. Supervisor cohen definitely. Any other tax wisdom that you want to share with us . Not at this moment. Ill turn it over to cindy comerford from the department of Public Health with an update on affordable care. Supervisor cohen okay. Okay, good afternoon supervisors, my name is cindy...