The commercial property aspect of Prop 13 is actually up for a vote in Prop 15, to repeal these tax breaks for commercial property over $3M. It’s interesting t

The commercial property aspect of Prop 13 is actually up for a vote in Prop 15, to repeal these tax breaks for commercial property over $3M. It’s interesting to see people come out of the woodwork railing against it for all sorts of reasons from how the money is distributed to claiming it will cost the state hundreds of thousands of jobs. Would be nice to see this archaic tax relic go away. It’s like the state has granted feudal land rights to certain property owners.