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There is a version of this that will be on the ballot next year, but with exemptions for all residential property, all agricultural, and for commercial property

There is a version of this that will be on the ballot next year, but with exemptions for all residential property, all agricultural, and for commercial property valued under 2 million.

bradlys 7y ago
> There is a version of this that will be on the ballot next year Oh? > but with exemptions for all residential property Oh... So, nothing that applies to residential property (which is what the parent comment was talking about). Taxing some businesses is going to increase tax revenue but it won't fix the housing issue that's crushing most of us renters. For those who want to see the initiative: https://ballotpedia.org/California_Tax_on_Commercial_and_Industrial_Properties_for_Education_and_Local_Government_Funding_Initiative_(2020) https://ballotpedia.org/California_Tax_on_Commercial_and_Ind...