Posted inPolitics

Evidence Mixed on How Prop. 15 Could Affect California’s Housing Crisis

By Matt Levin | CalMatters When Californians approved Proposition 13 in 1978, critics of the landmark ballot measure say voters did not foresee many of the unintended consequences of capping property taxes on both residential and commercial land: lower school funding, cash-strapped cities, major corporate tax benefits. Forty-two years later, Californians are about to vote on Proposition 15, […]