Read our new report on the massive undertaxation of Silicon Valley property.
Read the PDF here.
High-Tech, Low Tax: How the Richest Silicon Valley Corporations Pay Incredibly Low Taxes on Their Land
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[...] Originally Posted by Shawn_Estrada Wow… i am glad the peanut gallery really knows something about constitutional law. The only way to change the State’s constitution is to a) the legislature pass 2/3 majority to place a referendum on the ballot, vote of the people. b) The voter initiated referendum with the minimum required signatures based on the last election. c) A completely new constitution, ratified by the vote of the people. Given what happened with the last election on Prop 30, I wouldn’t be surprised if a proposition is pushed in the next election to either partially or fully repeal Prop 13. I can even see a sample commercial for this upcoming proposition. "In order to support the children in our schools, we need to get all of the ultra-greedy generational Californians and ultra-greedy California businesses to pay their fair share in property taxes." [...]