October 26, 2021

If voters raise taxes on corporate landlords, will small biz foot the bill?

“The people behind Prop.14 are either economic illiterates or liars of the worst sort. When you raise the property taxes on industrial and commercial property, those that LEASE the property, under the terms of the lease agreement will pay the full tax. This is a tax not on investors, it is a tax on small business. Everything they sell will go up in price, making them less competitive.”

If voters raise taxes on corporate landlords, will small biz foot the bill?