Yes! I Want to Close the Prop. 13 Corporate Tax Loophole.

There are a number of ways you can join the effort to close the corporate tax loophole in Proposition 13. We are building our coalition of supporters and your help in making this happen is essential.

10,000 Californians have already joined the coalition to Close the Prop. 13 Loophole. Learn more about our campaign and add your voice today:

 

Sign the Resolution
Contact us to Volunteer
Contribute on Actblue

Mail in donations to:
Close the Prop. 13 Loophole
150 Post Street, Suite 405
San Francisco, CA 94108

Help us grow our coalition.

  • Ask your friends and family to sign our petition at the top right of the page
  • Sign our resolution
  • Sign up for the "In the Loop" newsletter at the right
  • Suggest Close the Loophole to 10 of your friends on Facebook
  • Share our website by clicking "Share" at the top of the page

Volunteer!
Whether you are a student looking to gain campaign experience or a parent searching for a way to help get our educational system back on track, we would be glad to have you as part of our team. Email us and describe a little bit about yourself: where do you live, organizations you belong to, and how many hours can you commit to helping out each week?

 

Factsheet

Where Are We Today?

  • California's public schools are failing, state parks are closing, infrastructure is deteriorating and every year it seems more and more vital programs and services are cut from the state budget.
  • Largely due to the corporate loophole in Prop. 13 —a loophole that allows corporate land owners to avoid ever having their properties reassessed, even under a change in ownership — California homeowners now bear an unfair portion of the state's property tax burden. Some quick facts:
    • For Los Angeles County, single-family residences accounted for 39.9% of the tax roll in 1975. Today they pay 55.8%. Meanwhile commercial property has decreased its share of the tax roll from 46.6% to 30.9%.
    • Similarly in San Francisco, commercial property owners contributed 59% of property tax revenues and residential property owners contributed 41% before Prop. 13. Today, commercial property owners contributed just 43% of property taxes in 2008 while residential property owners contributed 57%.

What Solution Does Close the Loophole Propose

  • Close the Loophole is a grassroots organization of over 10,000 Californians who are rallying behind a split roll property tax. We advocate literally splitting the tax rolls— maintaining tax protections for homeowners while requiring corporate land owners to pay their fair share of the state's tax burden.
  • According to the State Board of Equalization, closing the corporate tax loophole in Prop. 13 by splitting the property tax rolls could generate up to 7.5 billion dollars in new revenue for California— money that could be invested in California's most important 21st century challenges.

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