VERIFY: No, Prop 15 won't repeal Prop 13 for homeowners in California
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If Proposition 15 passes, it would increase property taxes for businesses and corporations in California, undoing some tax breaks introduced by Proposition 13 in 1978. Learn more about the 12 propositions on the ballot in California this November: https://www.youtube.com/playlist?list=PLdgePvblfv97FrGQ1gZK49XuaM3bAFp9U | Los Angeles Times
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Prop 15 will reclaim $11.5 billion every year for California’s schools & local communities by closing a commercial property tax loophole. | Schools & Communities First
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The COVID shutdown hit our economy hard. Now, it’s time to rebuild with Prop 15. By making wealthy corporations pay their fair share. Cutting taxes for small businesses. Investing in K-12 schools and community colleges. Protecting homeowners and renters. | Schools & Communities First
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