Source: New York Post
Gubernational candidate Tom Steyer is eyeing a 2027 special election to modify California’s landmark Proposition 13 by reassessing commercial properties at market value — reopening one of the state’s most politically volatile tax debates. Steyer, who has made common cause with campaign aides linked to far-left New York City Mayor Zohran Mamdani, confirmed in an interview with Politico that he has been telling union leaders he would support a special election in 2027 to hike corporate taxes. “The big Republican bill is really going to hit the California budget, and that is going to blow a hole in it,” Steyer told Politico, an allusion to health care cuts that were part of President Trump’s signature tax overhaul that was signed into law last year.
