Prop. 13 reform could solve cities’ shortfalls
Re: “Leaders may seek tax hike approval” (Page A1, Oct. 1).
Oakland is facing a serious funding problem and is turning to a new tax increase to solve budget issues. The new city budget would require an increase in parcel taxes.
The root of our underfunding problem is the fact that corporations are not paying their share in property taxes, forcing homeowners to take the burden. It is now more necessary than ever to reform Proposition 13 to support public schools and public services.
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