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CC 07-21-20 #20 Proposition 15-5. Rebuttal to Argument in Favor_Written Communication . � I� � REBIUTT,t�L TO T�-IE ARGUMENT SUP]PaRTIN�PROF 15 � ;� , . � � i PROP 15: ALL CALIF4RNIANS WILL PAY FOR THE LARGEST PROPERTY TAX Il'�TCREASE IN �� , ,,. � .� ; S�A`TE I�IS`TOl�.'Y! a ��U�"�l.�`�A�fi I��EN�' IN �A�C�R Q� � , �� F , ' �5 I �� REPEALS FROP 13 PR�TECTIONS � , Prop 13 li.�nits property tax increases to 2% annually,providing certainty to holneowners and sma11 �businesses that they can afford their taxes in the future.Prop 15 allows state politicians to raise ro e p p �Y � taxes on millions of home-based businesses.Ev�n worse, suppor�ers of Prop 15 adlnit tl�ey'11 go after Prop 13 protections for homes next—meaning skyrocketing property taxes for all homeoWn�rs! � � PROP 15: R.AISES OUR COST OF LNING AND M��KES INC4ME INEQUALITY WORSE Billions in higher taxes will be passed on to California's small businesses in the form of higher rents, � forcing businesses that are barely surviving now to lay off employees and raise pricesa Higher costs for food and everyday necessities will hit a11 of us and lo�w-incolne families hardest. We can't afford to raise , o � our cost of living. PROP 15: DOESN'T SOLVE�UR CURIZENT BUDGET CRISIS � � Prop 15 �will not solve today's budget deficitse The nonpar�isan Legislative Analyst says most fundin g won't arrive unti12025 o Additionally, the California Assessors'Association says Prop 15 will cost more than$1 billion to im.plement,meaning deeper cuts to already stretclled local government budgets. PROP 15: MISLEADING AND L,ACKS ACC�UNTABILITY � , Prop 15's supporters say it's about more money for education,but nearly 7�% of the tax money doesn't even go to schoals and there's no accountability how the money is spente Politicians can even divert the local government tax money for other purposes,just lil�e they're doing with the gas taxa ; � . ... . . . � ,3 . .. 1' �� NC�ON PROP 1,S a�v.l�OanPro�1 S.org ; � P; ; - l �, ; � SUBJECTTO COURT ' , � ORDERED CHANGE� � � � � �� . � � �y�t ��7�� , �� U��y� Ii� j ��La�.J�� , '� JOI�T COUPAL President � � . � ��t�� ; �Ioward Jarvis Taxpayers Association � 5 � ALICE HUFFMAN,President . . California State Conference of the NAACP '' _ , l BETTY J�TOCC�LI,President � California Sma11 Business Association . � . . , :� ; . :. . ; , . . . . � , _ . � ,� : i ; ; , ; ! � suBJECT-rocou��r � ORDERED CHANGES a _ � . � �