California considers ending property taxes for homeowners 60 and older
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Proposition 5 is about property taxes for seniors older than 55, and a tax break that could lead to $1 billion in lost revenue for local government over time. For more info, go to https://on.abc10.com/2Cn2fsc | ABC10
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If Proposition 15 passes, it would increase property taxes for businesses and corporations in California, undoing some tax breaks introduced by Proposition 13 in 1978. Learn more about the 12 propositions on the ballot in California this November: https://www.youtube.com/playlist?list=PLdgePvblfv97FrGQ1gZK49XuaM3bAFp9U | Los Angeles Times
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California ballot proposal would exempt seniors from paying property taxes
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Frustration over property taxes has erupted in 2026, with 13 states considering measures to reduce or eliminate them. While not unprecedented, California’s Proposition 13 in 1978 capped rates amid 1970s inflation, the current push is nationwide. Lawmakers are exploring repeal, phase-outs, homestead exemptions, or cuts to major portions of local bills. For local governments, the stakes are high: property taxes fund schools, roads, and emergency services. Dismantling them on this scale, without a
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