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Prop 15 would have made all business pay the same rate. If you think there should be a lower rate for minority owned or small businesses, that's fine, but a sub
by sagarm 4y ago
Prop 15 would have made all business pay the same rate. If you think there should be a lower rate for minority owned or small businesses, that's fine, but a subsidy based on the age of your business is not good policy.
- fortran77 4y agoNo. Big businesses that build their corporate HQ get to negotiate with the county for property tax rates. Small business that buy small buildings don't. You have every right to want to see small businesses replaced by corporate megaliths, but don't pretend you're doing that out of "fairness." That's evil.
- amanaplanacanal 4y agoDon’t big businesses try to do this everywhere in the US? What does that have to do with prop 13?
- fortran77 4y agoThat’s why “Prop 15” which would have overturned prop 13 protection for business but not homeowners was so obscene: it would only adversely affect small Mom & Pop businesses. Big mega corporations could negotiate.
- lern_too_spel 4y agoBig corporations already negotiate subsidies, even with Prop 13. This just makes one less thing that they pay less on by default. You were hoodwinked.