Thursday, October 11, 2018

Realtor-Backed Prop 5 Blasted as Tax Giveaway for Rich

A proposition on the November ballot aims at helping seniors hold on to their Prop 13 property tax breaks when they buy a new house. Opponents call Prop 5 a tax give-away to the wealthy, at the expense of local public services that would lose two billion dollars of tax revenues each year under the proposal.
Christopher Martinez reports.