Budget Crisis Spurs Talk of Excluding Businesses from Prop. 13 Rules
March 30, 2010 8:47 a.m.
Proposition 13 was meant to stop people from being taxed out of their homes. But advocates for tax reform say commercial property owners have been the prime beneficiaries of Prop. 13. They want legislators to tinker with the 32-year-old law to get businesses to pay higher property taxes.