Very happy if they eliminate the corporate loophole, but not as concerned about inherited Prop 13 protection as long as the heirs are using the property as their sole, primary residence. That being said, I do think that if they get the inherited Prop 13 protection, then they should not be able to step up the cost basis to market value when the original owner passes away. One or the other, but they shouldn’t have both. I value community roots and private property; families should not be priced out of their own homes, no matter which generation lives there.
OTOH, I’m much more bothered by landlords and other property owners of rental or other non-primary homes getting Prop 13 protection. Taxpayers have absolutely no business subsidizing landlords’ profits and/or the costs of a second home, vacation property, or tracts of raw land (as with the Williamson Act).
