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PROTECTING HOMEOWNERS AND CUTTING THEIR TAXES

THE PROBLEM:

Since Prop 13 passed in 1978, the residential share of property taxes has skyrocketed from 55% to 72% statewide.

When corporate loopholes take billions of dollars from schools and local communities, homeowners and renters get nickel and dimed with higher fees, fines and other taxes to help cover the difference. Since 1978, these other charges and taxes have increased from 28% to 51% of locally generated revenues.

 THE SOLUTION: PROP 15 PROTECTS 

 HOMEOWNERS AND RENTERS! 

Prop. 15 maintains all Prop. 13 protections for homeowners and renters, and it goes a step further by giving homeowners a tax cut – an average savings of $121 per household.

To make sure these protections can never be tampered with, Prop 15 places its protections for homeowners and renters into the California Constitution where they can only be changed by a vote of the people.

Prop 15 rebalances the scales by closing corporate property tax loopholes benefitting wealthy corporations at the expense of California homeowners and small businesses.

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CLOSING PROPERTY TAX LOOPHOLES

SUPPORTING SMALL BUSINESSES

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PROTECTING AGRICULTURE AND GIVING FARMERS A TAX CUT

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REQUIRING FULL TRANSPARENCY AND ACCOUNTABILITY

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PROTECTING HOMEOWNERS AND RENTERS

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RECLAIMING BILLIONS FOR OUR SCHOOLS AND COMMUNITY COLLEGES

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INVESTING BILLIONS DIRECTLY IN OUR LOCAL COMMUNITIES

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Paid for by Yes on 15 - Schools and Communities First sponsored by a Coalition of Labor Groups and Social Justice Organizations Representing Families, Students and Essential Workers.

Committee major funding from:

California Teachers Association

Chan Zuckerberg Initiative Advocacy

SEIU California State Council