California voters rejected an ambitious state ballot initiative to substantially raise business property taxes. They didn’t want to unleash a major new property tax hike that might further cripple the California economy. But on the landmark property tax proposal, Proposition 15, many Democrats voted like Republicans. AdvertisementBut consultant Larry Grisolano, the chief strategist for Proposition 15, says the measure’s close vote sends the opposite message. “They feel that local officials are less likely to betray them.”AdvertisementGrisolano says the pandemic both helped and hurt Proposition 15.
Source: Los Angeles Times November 16, 2020 08:03 UTC