Sign the Petition
Reform Prop. 13 Now!
To Governor Brown and the California State Legislature:
While our schools are drastically underfunded, we allow Chevron to save hundreds of millions of dollars every year in property taxes. This is unfair. We must generate more revenue for our schools and public services, and the best, fairest way to do that is by reforming the commercial side of Prop 13.
Reforming Prop 13 to regularly reassess commercial properties will:
- Generate billions in desperately needed funding for education and public services
- Shift our focus from temporary revenue measures to sustainable solutions
- Make our tax system work for people, not just big corporations
I urge you to support SCA-5, the Property Tax Fairness Amendment, to reform Prop 13 and make large corporations pay their fair share of property taxes.
Proposition 13 was passed in 1978 to protect homeowners. Unfortunately, Prop. 13 created massive loopholes for corporations, allowing them to avoid paying fair property taxes even when their properties change hands. This large corporate giveaway hurts homeowners, students, and all Californians. We need to close the loophole and make corporations pay their fair share. According to the Legislative Analyst's Office, requiring corporations to pay property taxes based on the current value of their properties would generate at least $6 billion each year for California, including $2.5 billion per year for education.