Californians face some of the highest taxes in the nation.
We have the highest gas, personal income, and state sales tax in the country. Yet, for 35 years we haven’t had a death tax, until the narrow passage of Prop. 19 in 2020.
Proposition 19 resurrected the Death Tax on hard-working families and put their homes, businesses, and legacy at risk. While it was cleverly disguised as a benefit for the elderly and disabled communities, Prop. 19 caused more harm than good.
Prop. 19’s Death Tax unleashed a callous tax increase on Californians who are grieving the death of a loved one. The passing of Prop. 19 eliminated the taxpayer protections of Prop. 58 and Prop. 193 from the state constitution. These protections guaranteed properties wouldn’t be reassessed upon the passing of parents and grandparents — enabling children and grandchildren to keep their family home or business.
The Howard Jarvis Taxpayers Association (HJTA) is working to restore these important taxpayer protections, which is why we have introduced the Repeal the Death Tax Act. The Repeal the Death Tax Act is a statewide ballot measure that will reinstate Prop. 58 and 193 — ensuring that parents and grandparents will once again be able to transfer their home to their children and grandchildren after death without triggering a massive tax bill.
The Repeal the Death Tax Act will also increase the current taxable value exemption from $1 million to $2.4 million, which has been indexed for inflation and will be adjusted each year. This will allow parents to pass on a small business or farm without putting their child at risk of having to sell it.
Over a lifetime, we work, save, and invest to build a future for our children. Whether it’s a family home, business or farm, the Repeal the Death Tax Act will ensure that it can be passed along from generation to generation.
We know the burden of high taxes. We feel their impact every day. Whether at the gas pump or going to the grocery store to buy diapers for your child, the high taxes that we pay drive up the cost of living and make it harder for working families to make ends meet. To make matters worse, the legislature recently proposed a bill that would increase taxes by $163 billion. But the Death Tax takes the greed of the government to another level.
It is time to restore fairness to taxpayers and protect family homes, businesses, and farms from the Death Tax.
HJTA’s campaign to bury the Death Tax has built a broad-based coalition of more than 60 organizations, including local and statewide business groups, taxpayer associations, and leaders in the agriculture community.
We are currently working to collect more than one million signatures. There is no doubt, this is a monumental challenge we have before us. However, we are not deterred easily. We have an army of more than 2,000 volunteers collecting signatures on the streets. With just about three more months left to collect the remaining signatures, we need your help more than ever. Visit https://reinstate58.hjta.org to join our grassroots army to repeal the Death Tax.