Tag "Proposition 13"
Back to homepageAre voters ready to approve two massive tax hikes in 2020?
Because voters approved Proposition 13 in 1978 — the ballot initiative that capped property tax hikes at 2 percent per year and required a two-thirds vote of the Legislature before taxes could be added or increased — California became known as
Read MorePush to rebrand GOP undercut by evidence of potent anti-tax focus
A group of moderate California Republicans that wants the party to rebrand itself as both pro-business and pro-environment and show a willingness to work with Democrats on some issues is back in the news this week. Led by Assemblyman Chad
Read MoreCalifornia attorney general rebuked for stacking deck against fuel tax repeal
Continuing a longstanding bipartisan tradition, California Attorney General Xavier Becerra came under fire in July for ballot measure language considered to be grossly prejudicial by the measure’s proponents. And it didn’t take long for a state judge to agree with
Read MoreCA property tax revenue surges despite Prop. 13
Proposition 13 — the 1978 ballot measure setting property taxes at 1 percent of assessed value and limiting annual increases in property taxes to 2 percent for homes and businesses which don’t change owners — is perhaps the most controversial
Read MoreSplit-roll property tax introduced in Senate
On Wednesday, California State Senators Loni Hancock, D-Oakland, and Holly Mitchell, D-Los Angeles, introduced new legislation to reform Proposition 13. Senate Constitutional Amendment 5, titled the “Property Tax Fairness” amendment, would make changes to Prop. 13 by assessing commercial and
Read MoreEnding water wars could spark tax wars
Phil Isenberg wants to end California’s water wars. The member of the Delta Stewardship Council and its past chair wants to connect the cost of water more closely to its users. According to a report by the California Economic Summit, he
Read MoreSupport for boosting school taxes drops
Proposition 13 still garners broad support across California 36 years after the tax-limitation measure was passed. According to the latest opinion poll conducted by the Public Policy Institute of California, support for loosening Prop. 13’s two-thirds vote requirement for approving local
Read MoreEconomist called genius by left backs Prop. 13-style wealth protection
It may seem wonky and obscure now, but I bet it’s going to emerge as a strong, enduring counterpunch to Proposition 13 critics. I refer to the fact that French economist Thomas Piketty — the hottest, in the media sense,
Read MoreDavid Crane’s budget ideas spark debate
Commentary May 22, 2013 By Wayne Lusvardi David Crane has come up with a tax reform proposal, “Jerry Brown’s Last Chance to Save California.” A Democrat, he was an economic adviser to former Gov. Arnold Schwarzenegger, especially on pensions. Crane wants to
Read MoreSplit-roll property tax would hit small business hard
Feb. 18, 2013 By Wayne Lusvardi The attacks on Proposition 13 never seem to end. The 1978 tax-cut initiative’s enemies, such as former Assembly Speaker Willie Brown, conjure up a misleading image of large corporate owners of commercial real estate dodging
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