And who wants to take that first inch, make that first crack? The California Teachers Association, among others:
A coalition of public employee unions and other liberal groups, including many churches, launched a campaign Thursday to alter Proposition 13, California’s iconic property tax limit, and raise billions of dollars by hiking taxes on commercial property.How high are California's business taxes already, such that so many of our businesses are fleeing to Nevada and Texas?
The organization, Make It Fair, is headed by unions, including the California Teachers Association and the Service Employees International Union, which would be the main source of millions of dollars to qualify the initiative for the 2016 ballot and campaign for its passage.
The proposed measure would remove Proposition 13’s limits on what the organization considers to be commercial property – industrial, retail and office complexes, mostly – while leaving them in place for owner-occupied homes, residential rental properties and agricultural land.
If enacted, the Proposition 13 revision would raise as much as $9 billion a year that advocates say are needed to adequately finance schools and improve local government services.
This is a stupid idea.