Tag: “California Schools and Local Communities Funding Act of 2020”
CA Attorney General Writes Biased Title & Summary for $12.5 Billion ‘Split Roll’ Property Tax Hike
Anti-Proposition 13 special interests have already qualified one ballot measure for the November 2020 statewide ballot that would dismantle the 1978 ballot initiative’s property tax protections, and are currently gathering signatures to qualify a slightly more appealing sounding second version....
CA Commercial Property Owners Facing Pervasive Tax Increases if Prop. 13 Split Roll Initiative Passes
‘California’s assessable property is now worth $6.5 trillion with just last year’s increase resulting in $75 billion in revenue.’ Despite California’s record budget surplus of $7 billion in reserves, the Proposition 13 “split roll” property tax ballot initiative could...