29-12-2018 03:45 via ocregister.com

An economic downturn could sink split roll measure’s chances

Is California headed into a recession? That’s the warning from Gov. Jerry Brown, who expressed skepticism about an effort by liberal activists to change Proposition 13 and raise property taxes on businesses.
Groups led by the League of Women Voters have successfully qualified an initiative for the November 2020 ballot that would remove Proposition 13’s protection from commercial property, requiring reassessment to current market value and causing massive tax increases.
“That is
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