August 15, 2019

Opinion: Splitting the tax roll would threaten shopping centers across CA

If the California Schools and Local Community Funding Act passes in 2020, it could trigger the closure of strip malls and small businesses across San Diego County as owners struggle to keep afloat due to massive spikes in their property taxes.

This deceptively named measure would end Proposition 13 protections for businesses, creating a “split roll” for property tax assessment. And Prop. 13’s residential protections could be next.

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