Prop 15 would let property taxes rise with property values, but only for large owners of commercial and industrial real estate.
The argument from the no campaign is that prop 15 would hurt some small businesses, too.
They couldn’t actually give us an example when they came on to debate it–so we had our reporter Lucy Kang follow up, and ask both sides to point us at one building that makes their case. She found a skyscraper partially owned by Donald Trump, and a small business owner panicked by a tax hike … that probably won’t impact her the way she thought.
“T Shirt Weather” by Poddington Bear, used under CC BY-NC 3.0 US
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