The Blog at CTA

CTA and Coalition-backed Measure Would Close Tax Loopholes to Provide $9B for Public Services

(Photo above) Due to loopholes in Proposition 13, corporate owned commercial property has escaped its fair share of taxes. Those loopholes are costing California families and public services more than $9 billion annually.

A coalition of working families, lawmakers, students, CTA and other labor unions is backing SCA 5, a constitutional amendment that would close loopholes allowing corporations to avoid paying some $9 billion annually, their share of the costs of running the state and covering the costs of schools, law enforcement, healthcare, and other vital services.

Authored by Sen. Loni Hancock (D-Oakland) and Sen. Holly Mitchell (D-Los Angeles), SCA 5 would raise the assessments on commercial property owned by large corporations while protecting commercial property owned and operated by small businesses. Many of these large corporate properties are assessed at a fraction of their value.

The measure is expected to see further action in the Senate Governance and Finance Committee

SCA 5 aims to ensure that the state has sufficient funds to make up for years of devastating cuts to schools – which were hit by more than $20 billion in reductions – and other public services. At the same time, the bill would make California’s tax system fairer by requiring corporations that use the roads, police and fire protection, and other public services pay their fair share.

For more information about the issue, read the close-up in the May Educator and check out the Make It Fair website operated by a statewide coalition that includes CTA, and read about CTA's participation in a recent rally in support of tax fairness.

Help spread the message by using social media to tell your family, friends, and colleagues about the issue.

Here are links to items that can be forwarded via Facebook posts and Twitter. Help spread the message by using social media to tell your family, friends, and colleagues about the issue. Here are links to items that can be forwarded via Facebook posts and Twitter tweets.

How corporate loopholes hurt CA communities – identical properties pay different amounts; per pupil education spending.

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