Prop. 15 would be catastrophic for an already devastated economy

Amid an unprecedented global pandemic that has had a devastating effect on our economy, and caused great financial hardship to millions of Californians, proponents of Prop. 15 now want to impose even greater hardship on families and local businesses.
How?
By enacting the largest annual property tax increase in our state’s history – up to $12.5 billion per year.
Supporters of the measure claim Prop. 15 will only raise taxes on large, wealthy corporations with commercial land and build