CC 07-21-20 #20 Proposition 15-7. Rebuttal to Argument Against_Written Communication �
. n
!i
. It
i
i�
REBUTT��, T� ARG I� A � - . 'i
� �����! ����� i
'i
3
P ��
R��'�S1T�QN ,
�
,
;
., .
�
,
�
P��'JP� 15 PR�p��l E�ITS' �EBlJT1'�►L � . -
Prop 15 is a fair and balanced reform rivt�ich� .
-Closes property tax Ioopholes benefiting wealthy corporations �
-Cuts smail business taxes � � . � �
-Does nat impact hormeowners and renters
-Reclaims billions�af dollars for schools and local communities �
California must take these steps right now to secure a better future for us allo
Wealthy owners of the M�ST EXPENSIVE 10%�F BUSINESS PRQPERTIES 2�ccount for 92%of Prop 1.5's
revenues.
Prop 15 supporters:teachers, �urses,small business o�rners,clergy,affordable housing advocates,and �
community organizati�ns vvho want to close corporate tax loopholes and rebalance the scalese
Prop 15 opponents:wealthy carpora�ions and out=of-state investors trying to keep their tax breaks by �
using�scare tactics t�confuse th�issue. �
Read the measure for yourself and remember, Prop 15: � _ �
• Maintains FULL PR�P 13 PRC�T'ECTIONS for homeowners and renters. �
. • CUTS small business taxes AN[�specifica(ly exempts all home-based businesses aNC�exempts all
small businesses owning$3,040,000 or less in business property.
� SIJ�JECT TQ COlJRT
- ORDERED CHANGES
� � �,
�� ���
�;
,,
;,
��
. �:�
i
y
R�BU�"�L TC� AR��II��NT�1G��N�1 :_ . �
�
,;
. s
.PRQP���TI�N
� � � � ;
, . �
� • Guarantees transparency and accountability by requ�ring fuli public disclosure of all new `
revenues and how they're spent.
�► Keeps Prap 13's law 1%limit,so California's business property taxes will still be below most
statese � , -
Learn more at scaretact�csl.5.org.
As we rebuild from the COVID-19 shut down and prepare for challenges ahead, business as usual v�ron't
do.It's time we invest in sr�all businesses,students,healthy families,and safe neighborhoods.
Prop 15 is a balanced reform that clo5es c�rporate laophales benefitting the top 10%and restores
� billionst�ourschoolsand communities--llote Yesan Prop 15. -
_ '
E.Toby Bayd, President,Califarnia Teachers l�ssociatiar� �
Carol Moon Goldberg,President, League of Vllomen Voters
. �
Tara Lynn Gray, R��i�cl�.��CEO,Fresno Metro�lack Chamber of Commerce
J
a _
`
• • �
SUBJECT TO COURI� �
�RDERED CH�NGES � '�
� � �
�
S