California Proposition 5, Property Tax as Sole Source of Revenues (1916)

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California Proposition 5, pertaining to the Property Tax as Sole Source of Revenues, was on the November 7, 1916 ballot in California as an initiated constitutional amendment, where it was defeated.

Its goal was to declare that all public revenues be raised by taxation of land values (as opposed to other forms of taxation), and that the tax could only be levied on the value of the land, not on any land improvements, such as buildings.

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