Tag: Proposition 13
Government Unions, Tech Billionaires and California Ballot Propositions
Californians voted on twelve state ballot propositions on November 3. On nine of these propositions, California’s government and private sector unions spent significant amounts of money, over a million in five cases, and over ten million in two cases. But of these...
Prop 15 Officially Defeated, 1978 ‘Tax Revolt’ Law Preserved
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...
2020 California General Election Results: UPDATED
Updated: 4:10 AM PST 11/4/2020 — Katy Grimes Updated 5:20AM PST 11/4/2020 — Katy Grimes Updated 5:45AM PST 11/4/2020 — Katy Grimes* Updated 1:40PM PST 11/4/2020 — Katy Grimes Updated 2:00PM PST 11/4/2020 — Katy Grimes The Presidency hinges on...
Court Opens Up Big Prop.13 Loophole for ‘Public Franchise Fees’
Two recent court cases have created a contested loophole in property-tax related Propositions 13, 26 and 218 which would cause a legal and actual tax earthquake in California. Cities have already started to impose legally unhinged toll booth-like charges, called...
Gov. Newsom Backs Prop. 15 ‘Split Roll’ Property Tax Increase on Business
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...
Prop. 15 Empowers Big Business, Destroys Small Business
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...