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CC 07-21-20 #20 Proposition 15-4. Argument in Favor_Written Communication
, � .__ .._.._.._..._ _. . ._..._ _._.__ ... ....__..__.._ ,_..._.._.r..............._.__...._..._...�.�__.._.,...._._.___.__...._...........__.......,_._..___........... _....__.. .____.._.__..._.,..w..._..___...._..__.._.�..._�_.__.------.__._..............._.__-----�- -._._.....__ _...._..: _. ... ___ , .. - , � _ - .� '�� �J � A��rUN1�Nfi IN�A�l������P��l�'tQN ;� � �� ... �I . �, �rgume�t in��avr�r of P�rvpv�si�i�on 15 � � '� �� , . �, . . . �; . •r•,6 Y� w M�►'���_�'. . . � . , �� i � '� � :I We are ail better offv�rhen ev�ryane�paystheirf,�ir share. B�ut California i$giving away billions of dollars in ',� ; - praperty tax breaks ta wealthy corparations. These billions could be�sed instead to deal with ir►creasing � . � ; ; . , , inequality,persistenfi paverty,unempl�yrr�ent,una�fiordable housing,homelessness and underfunded schools. . � . - �� Wh'rle the wealthiest corpar�ations avaid paying their fair si�are,Qur�chaols have th�most crowded classrooms : 'in'the nation and our loca�l corrrmunities are struggring to respond to the impact o�'�aVid-�.9. , _ ; Prop 15 is a fair and balanced reform w�ich: • cioses�rope�ty ta�I+�opholes�en�fitir��wea�thy carpora�ions +� �uts sm�l�business ta�es � � reclaims billians of d�ll�rs ta invest in our schu�ls ar�d l�cal co�nmunit�es. � ; Prop l5 wiif: � � i Close�arpardte loaphaCes:INea�thy c�rporations avoid reasse5sment by et�ploying highly paid tax I�wyers�nd . �ccoun�ants ta explait loaphol�s in th�f�wo Pr�ap 15 closes these loophol�s ay r�quiring nonresiden�ial � p ` � ��mm�rcial prop�rties�to be a�s�ssed based on�heir�ctual fair m�rket vaiuer - � . . � �► The top 1�%�of Cal'tfornia's rr�ost valuable nonres�dent�aC commercial properties accaunt�or 92°r�af � � E Prop 15's new reuenues. � � � . � i : 4 j � f � daes no�impac�hvmeowners anc�re�nters:Prap��5 exempts all residenti�l propertiesf mainta�rring FULL PRtJP � L z r # � � 13 PR�TECT`IC�NS far homeown�rs ar�d renters. � � i ' � i i. ' � Cu�taxes for sma11 bt�sinessese P�r��i5 p�r�tects smaf�businesses and cuts their tax�s b�r: � � �� � � Exemp�ing businesses operated aut of a home and busin�sses owning$3,�0�,���or ress afi y . . �. . . � � - � . - . . �} � nor�resid�ntia!commercial praperty � . _ - , � SUBJECT TO COUR°T :' �; ORDERED CHANG�S '�; 1 � � � � c t � � . , 7 '� I� y � '� ��������t������������������� + ; � ,�1 � i � � `i .. ..� � • Cufitin business personai praper�y t�xes on equipnnent,computers and fixtu�es. ': , g , � - ; � � � �ie�fare balan�e to�he praper�}��ax.Since Prop 13 �asse�,the residentia{sha�e of�roperty taxes has � , � � skyracketed fram 55%to 7�%�nd the nonresidential ct�mmercial share has fialien.Meanwhi{e we're pa�ying � .. � more in fees,fines and o�hertaxes.�ro.p�.5 reba(ances the scales. � . � , ln�rease fur►ding,�orschaals arrd communi�y colleges:Every schoal district ar�d community college will receive additional fundin�c�v�rand above existin�fundin��uarantees.Prop 15 fund��o directl�ta�ed.ucation�nd state p�olitici��ns car��t take it away. Invest r'n essential uxrorkers and�local seruice�: Prap 15 gives Ioca)communities d�sp�ra�tely needed resources so essenti�l servic�s and fit�ontiin�wark�rs can res�ond ta current challenges�nd pre�are f�r fut�rre�risesl � uwhetherfrom a wildfire,p�nd�mic,ar�eart�r�+ual�e. Suppvrt ecanamic and racial�qur�y: prop,l5�'m�kes s�re scho�ls rnri�h the�reatest n►e�ds get t�e mast hel�and gives local c,omrnu�nitiies critically nee+�ed re�o�r�c�s�o deal with the un�qual ir�pac�s of CC3'VIQ-1g, unemployrr��nt,an�haus�ng costs on comm�rnities c�f color. Priorit�ize full transparency an�l accc�untabili�ty by requiring schoo�s and iacal gorrernments to publicly d'rsclos� � � all ner�revenues they recei�re�r�d how tney are spent. � �rat�ect agr-icu�tural lan�l:�rop 1�m�kes no change�a exis�ing I�ws affecting the taxatinn�r preservation a� agricultural far�d. We can't afford business as usual.Prap 15 reb��ance�the scale�by closir�g laopholes and supporting o+�r � s�h�ols, Cocal communi�ies�nd srrrall businesses. � Prop 15�akes a big step fo�rward�owar�a better future for all Califiornians.It was placed on the ballot by the - si�r����r�s���v�r 1,7�U,Oaa�o►�e�s w�c�v�ra�r�v,�ealthy ce��p���a�io�s t���y their fair shar�. '� � Please add your voice to th�irs:Vot�Yes on Prop 15. . . , , , ; � � � � ; � � - ; SIJBJE�T°Tt� C�UR°T � � ` � ORDERED CHAf�GES �� � � � � � _ , ..... _ ... . .... _ . . .... . _._... .. .._.... _....... ... ........ _.... .... _...._..._........__,. ..._,.._..- ..... .. ... .... ........ _ _ _ __ __ _ _. . y _ �_ _ • 'f, . ;� ii . � ,� , a ���������������������� , �� � ,i I ,i '. i % � � � ' � 'I \ Tany Thurmond,Caiifarnia Superintendent of Pu�(ic instruction __ � , Ja+cquelin�Martinez,CEO,Latino C�mmunity F�urrdation �; Sasha�uttler,Pubiic Health Nurse,�an Francis�o Dep�r�ment of Public Heal�h � _ � ; � � , , � � � � � � � . i ; , . ;, . 1 ' ,. ;� I P 1 . � I � � . �� � i 'i SIJ�JECI"TO C�IJR`T � C�RDERED CI�ANGE� `� i9 2 A