Tuesday, June 9, 2015

OCHN: Does Proposition 13 reform have a chance?

Voters warm to the idea of reforming Proposition 13, but large financial interests would vigorously oppose any attempts to curtail their subsidy.

As we discussed yesterday, California is limited in its ability to tax real estate by Proposition 13. Proposition 13 limits the tax rate to 1% of...
Does Proposition 13 reform have a chance?

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