Partially because prop 13 is a radioactive dumpster fire of a policy.
Taxes on land or property are impervious to capital flight and are much more effective, but they're neutered in California.
Taxes on land or property are impervious to capital flight and are much more effective, but they're neutered in California.
"You can't exclude company assets over $10 million that will kill small businesses"
Or the tried and true
"If you allow this they will come after your grandmother next"