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...

Prop. 15 Empowers Big Business, Destroys Small Business

September 8, 2020 2:30 amSeptember 10, 2020 7:46 am

California’s state and local governments, and the public sector unions that exercise nearly absolute control over the politicians who supposedly oversee them, have always had an insatiable desire for higher taxes. The economic impact of the COVID-19 pandemic has added...

Prop. 15 Split Roll Will Eventually Cancel Prop. 13

August 7, 2020 7:10 amAugust 7, 2020 11:10 am

It was elderly widows who were being thrown out of their homes for unpaid property taxes in 1975 before Proposition 13. Now with Proposition 15 it will be mom and pop businesses in leased buildings, and Uber drivers who own...