3 ms·
It has been attempted and failed as of 2020[0]. Voters are mostly uninformed. CA voters voted against commercial properties at market rate but further increased
by reducesuffering 4y ago
It has been attempted and failed as of 2020[0]. Voters are mostly uninformed. CA voters voted against commercial properties at market rate but further increased family home reassessments.
https://ballotpedia.org/California_Proposition_15,_Tax_on_Commercial_and_Industrial_Properties_for_Education_and_Local_Government_Funding_Initiative_(2020) https://ballotpedia.org/California_Proposition_15,_Tax_on_Co...
- masonic 4y agoNo, that was an Initiative, not a Legislative, measure. Again, the Legislature could do so anytime without the burden of seeking ballot signatures or encountering any other such friction.