Robert Lapsley, president of the California Business Roundtable, a nonpartisan organization whose members are senior executives at the state’s major companies, promises a ‘fight to the death’ over this or any initiative that raises property taxes on the business community. ■ John Fensterwald / EDSOURCE / Contributed Forty years after Californians revolted against rising property taxes to pass Proposition 13, advocates of tax reform believe the timing is finally right to do surgery on it. They’ve filed a draft initiative with the state — the step before starting to collect signatures for the November ballot — proposing a “split roll” system that would increase taxes on commercial and industrial properties to
This content is restricted to site members. If you are an existing user, please log in. New users may register below.