Measure X - City of Oakland

Shall the Measure graduating the real estate transfer tax as follows: 1% up to $300,000; 1.5% over $300,000 – 2,000,000; 1.75% over $2,000,000 – 5,000,000; and 2.5% over $5,000,000; a lower rate for low-moderate income first-time homebuyers; and reducing the tax up to 1/3 for seismic retrofit or solar energy work costs incurred by low-moderate income homebuyers; raising approximately $9,000,000 annually until repealed, be adopted?