‘Tax grab’ or needed reform?

2020 ELECTION /// Proposition 15

Big corporations have avoided paying their fair share of property tax and it’s time to even the score, proponents of Prop. 15 sayIs it a multibillion-dollar tax grab, or a long-overdue attempt to make commercial property owners pay their fair share? That’s the argument at stake in Proposition 15, one of 12 statewide measures on the November ballot.
Dubbed the “ California Schools and Local Communities Funding Act of 2020,” the measure would amend the state’s tax assessment formula put in place b...

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