LOS ANGELES COUNTY — Today, Supervisor Barger cast the lone no vote on a motion passed by the Board of Supervisors to support Proposition 15. Known as Split Roll, the statewide ballot measure would roll back property tax protections by taxing most commercial and industrial real property based on current fair-market value estimations, including some vacant land, eliminating the limitation on increasing assessed value.
“This statewide effort would be the largest tax increase in California history at a time when businesses are grappling with major financial repercussions as a result of COVID-19,” Supervisor Barger said. “The ongoing closures and limited activity necessitated by the pandemic have significantly hurt businesses and employees. Rather than imposing another undue burden on our local businesses, we should look for opportunities to support their rebuilding and regrowth, which will in turn help our regional economy.”