SPLIT ROLL ADVOCATES PUSH FOR $9B TAX INCREASE

 

Forbes Magazine takes a closer look at the “split roll” debate in California.  The story, states in part, “there is a group thinking about changing Prop 13: a labor-union-backed organization called Make It Fair. Using scare tactics and us-against-them rhetoric to garner support, Make It Fair contends that loopholes in Proposition 13 allow a small number of ‘giant corporations’ and ‘wealthy commercial property owners’ to get around paying the property taxes that they could easily afford. In reality, though, the ‘loopholes’ that Make It Fair seeks to close are in place to protect residential and commercial real-estate owners at all places on the economic ladder.

Click here to read the article “Anti-Growth ‘Make It Fair’ Lobby Pushes For $9 Billion Tax Increase In California.”

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