InfluenceWatch Podcast 142 California Proposing a Major Tax Hike
In this episode: For over 40 years, property taxes on homes and businesses in the State of California have been limited by a law known as "Proposition 13," passed by voters in response to skyrocketing tax bills caused by rising property values.
Over the years, changes in the state's dominant industries (less gritty defense manufacturing, more "woke" information technology), an exodus of its middle classes in response to housing costs, and immigration patterns that select for the most socialist-leaning immigrants, liberals see an opportunity to throw out the old tax limits via Proposition 15, which would repeal limits on commercial property tax.
Joining Michael Watson to discuss the ballot measure, the special interests behind it, and how the measure could affect California is CRC's Research Specialist, Robert Stilson.
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