Prop 15 Officially Defeated, 1978 ‘Tax Revolt’ Law Preserved

November 12, 2020 6:13 pm

Late on Wednesday, Proposition 15, which would have allowed tax reassessments on commercial and industrial properties every 3 years rather than being based on the purchase price plus 2% each year, was defeated after a final statewide vote tally. After...

Gov. Newsom Backs Prop. 15 ‘Split Roll’ Property Tax Increase on Business

September 12, 2020 8:01 am

On Friday, Governor Gavin Newsom threw his support behind Proposition 15, which would change how both commercial and industrial properties are taxed, leading to immediate outcry from businesses, industry leaders, and tax groups across the state. Prop 15 would amend...

CA Dems are in Trouble with ‘Home-Value-Voters’ with Upcoming November Election

April 28, 2020 6:51 amApril 28, 2020 7:05 am

The longer Gov. Newsom prolongs the period for medically unnecessary martial law the greater the likelihood that home-value-voters will come out to the polls against the split roll property tax. The Democrat Party in California is in trouble with...