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1972 – Over 45 years of service to the commercial industrial retail real estate industry – 2018.


March 24, 2014

Mark Baldassare from the Public Policy Institute of California has penned a piece interpreting some recent poll numbers regarding proposals to “reform” Proposition 13. Some may say the results are mixed, but a sober reading shows very strong signs that the electorate continues to support Prop 13’s protections for BOTH residential and commercial properties. To wit:

“One Proposition 13 tweak that is a perennial favorite among tax reformers is lowering the two-thirds vote that is needed to pass local special taxes. Proponents argue that this change would allow local governments to more easily raise needed revenues for schools, public safety, transportation, and water projects. However, the backers of this particular Proposition 13 reform would face substantial opposition among the electorate today. In our January PPIC Statewide Survey, just 44 percent of voters were in favor of lowering the vote threshold from two-thirds to 55 percent, while 51 percent were opposed. These findings are consistent with most of our polling over time.”

Click here to read more about this poll.

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