Web Version [link removed] | Update Preferences [link removed] Press Release California Business Roundtable Responds to Introduction of New Split-Roll Ballot Measure

FOR IMMEDIATE RELEASE

September 23, 2021

CONTACT: Brooke Armour

(916) 553-4093

[email protected] [mailto:​[email protected]]

SACRAMENTO—Rob Lapsley, president of the California Business Roundtable, which led the fight to defeat Proposition 15, the $12 billion split-roll tax increase on the November 2020 ballot, issued the following statement in response to a new split-roll ballot measure submitted today to the Attorney General [[link removed]]:

“The voters of California already made their position on higher taxes clear last year when they defeated Proposition 15, the largest property tax increase in California history. Today, all Californians continue to pay the highest cost of living while businesses are struggling with a sluggish recovery, a crippling labor shortage and a new tax increase to pay off the massive state-created debt in the Unemployment Insurance Fund. While California needs housing reforms to increase supply and improve affordability, a huge tax increase on homeowners, small business owners and renters is not a solution. We are ready to mobilize our broad coalition to once again defeat this measure in 2022.”

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