Proposition 15

CRA President and CEO Speaks to Apparel News about Proposition 15’s Impact on the Retail Industry and CA’s Economy

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 […]

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CRA President and CEO Rachel Michelin in Sacramento NBC Affiliate KCRA 3: California’s Prop. 15 would raise taxes on commercial buildings

Opponents say proposition has hidden agenda; supporters say it will help schools SACRAMENTO, Calif. — It’s one of the hottest issues on the November ballot — but it is often misunderstood.  Proposition 15 promises the biggest change in property taxes in 40 years. The measure would raise up to $11.5 billion for schools and local

CRA President and CEO Rachel Michelin in Sacramento NBC Affiliate KCRA 3: California’s Prop. 15 would raise taxes on commercial buildings Read More »

CRA’s President and CEO in BISNOW: California CRE’s ‘No. 1 Target’ On The Ballot May Be A Close Call

California’s commercial real estate industry is preparing for the home stretch of an election campaign that could have major consequences for the state’s property owners and businesses. Thus far, it is shaping up to be a close call, at least for one of the industry’s two big items. Proposition 15, which would raise taxes on commercial

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Watch CRA President Take on CTA in Prop 15 assessment

California Retailers Association President and CEO Rachel Michelin participated in a virtual assessment of Proposition 15 hosted by the Public Policy Institute of California. The public forum included arguments for and against the initiative, which will appear on the November ballot and, if passed, would change tax assessment of commercial and industrial property, resulting in

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CRA Joins PPIC’s Virtual 2020 Speaker Series on California’s Future: Assessing Prop 15

California Retailers Association President and CEO participated in a virtual assessment of Prop. 15, hosted by the Public Policy Institute of California. The following are excerpts from the discussion. “Proposition 15 is a significant tax hike on all Californians, increasing costs for their everyday consumer needs. CA leads the nation in poverty and unemployment rates.

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Home Furnishings Association Urge No Vote on Prop. 15

California retailers must stop ‘largest tax increase’ By Dug Clark, Manager and Government Relations Staff Member  The impact of Proposition 15 on the California ballot is clear to Howard Haimsohn. “It’s a tax increase aimed right at small businesses,” the owner of Home Furnishings Association member Lawrance Furniture in San Diego said. If approved by

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CRA President Rachel Michelin Responds to Governor Newsom’s support of Proposition 15

Sacramento, CA – September 12, 2020 – The California Retailers Association President Rachel Michelin made the following statement regarding Governor Newsom’s support of Proposition 15.  “I am disappointed that Governor Newsom announced today that he supports an $11.5-billion property tax increase—the largest in state history—while millions of Californians remain unemployed. For retailers, this means either higher property

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