included in the PDF is an article in the voice of SD that states
[quote] …recent numbers seem encouraging, though we don’t know what happened in 2012 or 2013. But over the more than 20 years the database tracks, San Diego actually lost more businesses than it gained.
also if thumb through the PDF you’ll also see an article about a business that use to be based here in (buck knives) which is a case study why there is more outflow than inflow of businesses in SD
did a web search “prop 15 small business” and found others urging caution because this prop is going to hurt small business and farming operations,…
[quote] …Agriculture land is exempt, too, although not necessarily property improvements — such as orchards, vineyards, barns and irrigation systems. The California Farm Bureau Federation is opposed.
…Rob Lapsley, president of the California Business Roundtable, argues that with the COVID-19 pandemic and subsequent deep recession, “now is absolutely the worst time to enact the largest property tax increase in California history.”
“Small businesses are struggling to survive, trying to get reestablished,” Lapsley says. “If this thing passes, many people will not even try to reopen. Just forget it.”
political conservatives don’t believe man made global warming is happening because of their worldview (yet science tells us that mankind is indeed changing the climate)
point being political liberals because of their world view are more likely to likely to favor taxes because their priority is leveling the playing field
the harsh truth is passage of prop 15 is going to make things worse off for everyone one especially those on the lower end of the economic ladder
[quote] Why is Mark Zuckerberg spending millions to back harmful Proposition 15?
By ALICE HUFFMAN and TECOY PORTER
PUBLISHED: October 5, 2020 at 8:52 a.m.
…In publicly highlighting the campaign contribution, the Facebook founder made a conscious effort to point out – erroneously – that Prop. 15 was “designed to generate and stabilize funding for vulnerable communities…and would put funding directly into the hands of counties across California who are on the frontlines of the pandemic response.”
…Prop. 15 won’t solve any immediate funding crisis and will make the long-term crisis worse for many rural counties. Prop 15 will not be fully implemented until 2025, according to the nonpartisan Legislative Analyst’s Office (LAO). The measure does not provide immediate relief for government budgets affected by COVID-19. Additionally, the LAO clearly stated, “Not all governments would be guaranteed new money. Some in rural areas may end up losing money.” So, to state or imply that communities hurting from COVID-19 now will benefit if Prop. 15 passes in November is not only misleading, but it’s also just plain wrong.
Prop. 15 would have a significant and negative impact on the “vulnerable communities” that the Chan Zuckerberg Initiative claims it wants to protect. Minority businesses are already struggling. They were prior to the COVID-19 pandemic and are even more so since it shut down California’s economy.
Data analyzed by the Stanford Institute for Economic Policy Research found a 41 percent drop in the number of Black business owners between February and April 2020. Latino-owned businesses sunk by 32 percent and Asian-owned businesses decreased by 26 percent.
Despite these staggering numbers, Prop. 15 would raise rents on the surviving businesses during an unprecedented economic crisis.
…One study even concludes 120,000 private-sector jobs will be lost – and that was before the pandemic.
Alice Huffman is president of the California NAACP. Tecoy Porter is the president of the California State National Action Network.
