Posts Tagged ‘prop 15’
CA Proposition 15 could bring millions to Oakland Schools, new burdens to businesses, tax assessors
Voters will decide next month whether to approve a ballot measure which could provide a windfall for schools and local governments, but a far greater burden on businesses and tax assessors. The existing property tax law is governed by a 1978 ballot measure, Proposition 13, which significantly limited state property taxes. But the new measure,…
Read MoreCampaign for publicly-funded elections kicks off in Oakland
While corporations, lobbyists and special interest groups may have gloated over the Supreme Court’s ruling last month that decreed that the government has no power to ban corporate spending in political campaigns, if Californian voters pass Proposition 15 in the June 8th election, they may have another chance to set limits on corporate election spending.
Read More