Tag: residential property
Prop. 15 Split Roll Will Eventually Cancel Prop. 13
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...
Assembly Constitutional Amendment 1 to Weaken Prop. 13 Fails to Pass Assembly
“While all voters are able to vote on this debt, only property owners pay it.” One of the only remaining taxpayer protections left in California is Proposition 13, a landmark 1978 decision by California’s voters to limit property taxes....
Prop 13 Split-Roll Tax Increase Would Hurt Business, and Affordable Housing Efforts
California Gov. Gavin Newsom announced during his budget press conference he is on a mission to force cities across the state to build more affordable housing, or risk losing state transportation dollars. But with a Constitutional Amendment initiative on the...