California’s next big tax gulp

October 15, 2020

Editorial, includes “… On Nov. 3, Californians will vote on a ‘split roll’ ballot initiative (Prop. 15) that seeks to enact the biggest tax hike in state history. In 1978 voters enshrined protections against runaway property taxes in the state Constitution (Prop 13). Prop. 15 would abolish those protections for businesses while maintaining limitations—at least for now—on homes.”

Read the full article on: The Wall Street Journal

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