Recent poll on changes to Proposition 13 is not what it appears
Prop 13 Poll Question Not About Split Roll
By Joel Fox
Advocates for a split roll property tax probably hailed the results of the Field Poll question about business property changing ownership. Trouble is, the question wasn’t about a split roll property tax in which all business property would be taxed differently from residential property. The question was about certain commercial property transfers of ownership.
Here is the question asked by Field: Because of complexities in the way businesses and commercial properties are sold, they, unlike residential properties, are not always reassessed when ownership is transferred. Do you favor or oppose changing Prop. 13 to insure that when business and commercial properties are sold or transferred, their property taxes are reset and based on their current assessed value?
If business property ownership is transferred it should be reassessed. If an illegal gimmick is used to hide the transfer and avoid new property taxes, property owners should be caught and reassessed.
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