California Proposition 15 Roils Retailers
The proposition has been unpopular with retail and business trade groups including the California Small Business Association and the International Council of Shopping Centers. Rachel Michelin, president of the California Retailers Association, released a statement urging voters not to support the proposition.
“Prior to the COVID-19 pandemic, one in four California workers were employed in retail. If we are to see a robust economic recovery, these millions of jobs hang in the balance, and a tax increase of this magnitude will only hamper that and lead to more retailers permanently closing their doors. California’s unemployment is more than three points higher than the national average. We do not need more obstacles to restoring jobs.”
