Carl DeMaio reacts 2020 election results of Prop 15 and Measure A

SAN DIEGO (KUSI) – Voters rejected Measure A, a housing bond that would have allowed the city to issue up to $900 million in bonds to fund low-income, substance abuse, and mental health service housing. It required two-thirds of the vote to pass, but initial tallies showed it with only 57%.

California voters also rejected a proposal to partially dismantle the state’s 42-year-old cap on property taxes, a move that would have raised taxes for many businesses in a pandemic-hobbled economy.

Since 1978, California has limited tax increases to 2% a year until a property is sold. With prices climbing at a much higher rate, taxpayers who have held homes and businesses for many years pay far less than what the market value would determine.

Proposition 15 would have allowed local governments to reassess commercial and industrial property every three years, while residential property, including home-based businesses, would remain under 1978 rules. The change would have generated up to $12.5 billion in revenue.

Supporters argued a “split-roll” system would help fix inequities that shield wealthy corporations from paying a fair share and deprive tax revenue for public schools and local governments. Several polls released before or during early voting showed the measure ahead, though not by much.

The No on 15 campaign had a simple message: “Stop Tax Hikes,” its red-and-white yard signs read.

Meanwhile, Democrats gained a big edge on San Diego City Council. Council races are technically nonpartisan, in recent years, council decisions have broken largely along party lines, with conservatives regularly outnumbered.

Chairman Reform California, Carl DeMaio, joined Good Morning San Diego to discuss the election results and discuss what local Republicans should do going forward.

Categories: California News, Good Morning San Diego, Local San Diego News, Politics