Endorsement: Yes on Proposition 15. It’s one small step toward fixing California’s broken tax system

The Los Angeles Times encourages voters to vote YES on Prop. 15. The publication points to a series of issues that emerged as the result of Prop. 13, specifically the devastating effect it has had on local governments and their struggling tax revenue. Prop. 15 is what it takes to fix California’s crumbling infrastructure, schools and businesses.

Part of the former Hughes Aircraft Co. headquarters.

(Al Seib / Los Angeles Times)

Proposition 15 is arguably the most consequential measure facing California voters on the Nov. 3 ballot.

By THE TIMES EDITORIAL BOARD, Los Angeles Times | 9/20/2020

At long last there is a tangible fix in sight for one of California’s most intractable problems: a wildly unfair and lopsided property tax system that for four decades has starved local governments of the revenue they need to provide services and that has distorted the cost of buying a house and starting a business, to the detriment of young families and entrepreneurs. Read More