[Source: California Globe] On October 5, 2021, three major business trade associations, filed a new initiative measure with the Attorney General’s Office for title and summary, the first official step in their effort to place on the November 2022 statewide ballot changes to California’s Private Attorneys General Act (PAGA) (Private Attorneys General Act (PAGA) | Read More…
Tag: ballot measure
Appeals court makes tax increases easier
[Source: CalMatters] The March primary election was rough on advocates of new taxes. Hundreds of tax hikes — sales and parcel taxes, mostly — were placed on the ballot by cities, counties and school districts whose finances were being squeezed. However, voters rejected roughly half of them, reversing what had been a recent trend. The Read More…
Struggling businesses face billions in increased taxes
[Source: CalChamber] 2020’s recipe has proven to be equal parts unpredictable and incalculable with a heaping helping of calamity and lest we forget the generous scoop of crisis. Despite this year’s twists and turns one constant remains–California’s turbulent business climate. Unemployment figures wax and wane near Depression Era levels while certain market sectors close, partially Read More…
Split roll initiative’s risks and negative side effects grow by the day
[Source: Orange County Register] In November, Californians will vote on whether to increase commercial property taxes. The California Schools and Local Communities Funding Act of 2020, more commonly known as the split-roll initiative because it treats commercial and residential properties differently, will be coming to the ballot at an inopportune time. It is unlikely to Read More…
New measure on November ballot could dramatically impact property taxes
[Source: Sacramento Business Journal] A titanic battle on the November ballot awaits commercial real estate interests and investors, seeking to stop the most dramatic change to their property taxes in more than 40 years. State officials announced Friday a measure known as split-roll had enough registered voter signatures to qualify for the Nov. 3 ballot Read More…