No on Regional Housing Tax group makes case at BAHFA meeting

No on Regional Housing Tax group makes case at BAHFA meeting

Jul 1, 2024 | Legislation, Taxes

July 1, 2024

To nobody’s surprise, the Bay Area Housing Finance Authority agreed on Wednesday morning to put a $20 billion regional bond on the November ballot in nine counties. But opponents of the mammoth tax offered a serious, compelling critique. Will Sherman reports in this Opp Now exclusive. Although outnumbered, a group opposed to the biggest housing bond in the state’s history showed up early to the MTC’s Beale Street entrance in downtown San Francisco, carrying homemade signs that read “$20b bond + 28b waste,” and “No Bonds for MTC.”

Is California headed for another tax revolt?

Is California headed for another tax revolt?

Mar 28, 2024 | Taxes

By Nicole Nixon
Thursday, March 28, 2024

It’s been 46 years since California voters approved the landmark Proposition 13 — which limited property tax hikes — and taxpayer advocate Howard Jarvis famously declared “a new revolution against the arrogant politicians” and a “tax, tax, tax, spend, spend, spend” philosophy.
Politically and demographically, California is a very different place now than it was in the 1970s. But battle lines are being drawn up both on the ballot and in court in preparation for another war over taxes.