Secretary of State No.
TAXATION. Initiative. Adds Sections 11a and 2a to Article XIII, and amends Section 34a of Article IV, of Constitution. Abolishes all sales taxes imposed since January 1, 1933; and prohibits any sales tax. Repeals tax limitations in said Section 34a and declares taxation shall be limited only as provided in said Section 2a. Requires deduction of one thousand dollars from assessed value of homestead improvements. Reduces taxation on tangible personal property and improvements over period of five years and prohibits taxation thereof thereafter. Increases land taxes proportionately. Defines improvements.
Failed to Qualify
Taxation California Initiative 1934-t-1 (1934).