Top business and community leaders from across Southern California oppose largest property tax hike in state history, higher cost of living
LOS ANGELES – The Southern California Leadership Council (SCLC) announced today it has voted to oppose Prop 15, the split-roll property tax measure that will appear before California voters on the November general election ballot. The proposition would increase property taxes by up to $12.5 billion per year by removing Proposition 13’s protections for commercial and industrial properties.
“California’s businesses large and small are confronting the greatest challenge they’ve faced since the Great Recession. Adding yet another burden to an already difficult time may be too much for many of them who we count on to open their doors and keep our workers employed. After a lengthy discussion we came to the conclusion that Prop 15 falls far short of its promises and will disproportionately hurt consumers, farmers and communities of color,” said Mike Roos, president of SCLC and former Speaker Pro Tempore of the California State Assembly.
Mr. Roos added that, “Now is not the time to raise property taxes on businesses and hike the cost of living on all Californians. We have record unemployment across Southern California, small businesses are closing and many families are struggling to meet basic needs. For California to recover necessitates a strong Southern California recovery. The largest property tax increase in California history won’t help this occur.”
Prop 15 comes during unprecedented challenges for small businesses and record unemployment. The SCLC joins a growing bipartisan coalition opposing the measure, which includes farmers, faith leaders, social justice organizations, elected officials, taxpayers and business groups.
The Southern California Leadership Council unites business and community leaders from throughout the seven county region into one effective leadership organization. Membership has included every former California Governor since George Deukmejian. Former Governors Davis, Wilson and Schwarzenegger are presently members and they are joined by over three dozen Presidents and CEOs of top Southern California companies. To learn more about SCLC, visit https://www.socallc.org.
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ABOUT NO ON PROP 15 – STOP HIGHER PROPERTY TAXES AND SAVE PROP 13
No on Prop 15 – Stop Higher Property Taxes and Save Prop 13, a bipartisan coalition of homeowners, taxpayers, and businesses, has been fighting to protect Prop 13 and oppose a split-roll property tax for more than a decade. For more information, please visit www.NOonProp15.org.