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(KGTV) -- Proponents of Proposition 15, a measure that would affect commercial and industrial properties, said it would bring in much needed money to local governments and schools.“In public schools, we are in dire need of full and fair funding,” said Christina Benson, an elementary school teacher in National City and president of the National City Elementary Teachers Association.Prop. 15 would base property taxes for commercial and industrial land and buildings on current market value rather than original purchase price. This would apply to properties more than million. According to the Legislative Analyst’s Office, this could bring in anywhere between .5 to .5 billion per year.Benson said part of that would go toward teachers’ pay as well as programs, materials and supplies for classrooms.The ad for Yes on 15 said it would “close big corporate tax loopholes, protects homeowners, and cuts small business taxes.”Lynn Reaser, chief economist at Pt. Loma Nazarene University, questioned the use of the word “loophole.”“Businesses and homeowners all now face the same rules—large companies, small companies, wealthy homeowners, poor homeowners. It’s really an issue in terms of businesses, between… generally new businesses versus older businesses,” Reaser said.The campaign has major funding from the California Teachers Association, the SEIU California State Council, and the Chan Zuckerberg Initiative Advocacy.The Chan Zuckerberg Initiative Advocacy was founded by Facebook founder Mark Zuckerberg and his wife, Dr. Priscilla Chan. It aims to help “build a more just, equitable future.”Communications Director for the Yes on 15 campaign said loopholes do exist for corporations. “[They] can structure commercial real estate deals in a way to avoid majority change of ownership and thus avoid reassessment and avoid paying fair market value taxes,” Alex Stack wrote to Team 10.Benson said the fear that property tax assessments for homeowners could be affected in the future is unwarranted. "That is absolutely false," she said.Prop. 15 does provide some tax relief for small business owners , in that businesses with less than half a million dollars worth of equipment would not have to pay taxes on it start in 2024. "The bottom line, there are these benefits to huge transfer of money that goes to state and local governments and schools," Reaser said. "But that money is not magically created. It comes from businesses." 2453
“We started five years ago selling out of our house and now its expanded into this,” Anahi Mendivil said. She works at Oasis Fresh Fruit & More, along with her mother, Haydee Caraveo. “When the whole COVID thing started, it was just me, my mom, and my sister who were running and working, No one else was working with us and that's how we were able to maintain a bit of a budget with this less of a profit," Mendivil said. Mendivil and her family members know the pains of running a business -- especially now during the pandemic. She helped translate for her mom.“Now that people have been able to come back inside, it's been a little better but we’re just trying to adjust to all the new norms,” Mendivil said. “But sales have not been normal as they used to be.”Their experience reflects what many Latinos are facing. A new study from Pew Research shows Hispanic businesses were hit especially hard by COVID-19. In May 2020, nearly six in 10 said they live in households that experienced job losses or pay cuts, compared to 43 percent of the overall U.S. population.“Hispanic businesses however went from a 3.9 to nearly 20 percent unemployment, so it jumped a lot more than it did for whites and African Americans,” Jack Strauss, an economist and professor at the University of Denver, said.“Less than a year ago,” he explained, “Hispanic businesses in general and Hispanic unemployment nearly matched that of the overall U.S.” He said one of the reasons this group was hit hard, is because so many Hispanic-owned businesses make up some of the hardest-hit industries.“Hispanics tend to concentrate in leisure and hospitality, which we all know has been hit very hard by COVID. Their second industry is retail, and then construction as well. All three industries were hit severely hard,” Strauss said.“We work in the service industry, we are in restaurants, we are in cleaning services, we work in the meat industry, and Latino workers, they don't have the privilege to work from home,” Berenice G Tellez, Secretary of the Latino Chamber of Commerce in Denver, Colorado, said in a group Zoom meeting to discuss the topic. They all spoke about how language barriers played a role in the immediacy and availability of new information to Latino businesses owners.“Some of them are running on fumes, so to speak,” Pete Salas, chair of the chamber said.And many Hispanic-owned businesses are family run -- like Oasis.“We've always tried to keep someone in our family working at all times,” Mendivil said.Another aspect unique to these businesses, is they provide cultural space for the community.“Something that really changed also is that people used to come in here on weekends. And a lot of people would be in here and eat and stay a long time and due to this, we have to manage how much people can be in here and how much time,” she said.“I want to share the Americado experience, which is part of my Mexican culture, with everybody,” Francis Nieve Blanca, owner of Volcan Azul Catering and Food Truck, said. “The impact has been really on the amount of clients that we have, it has totally lowered our clients.”“I have two jobs and the income for both actually has gone down, and that has impacted my family,” she said.In a recent Pew Research survey, 70 percent of Latinos said the worst of the problems due to COVID-19 are still to come.“This impact is going to last probably up to several years,” Strauss said.However, these businesses aren’t ready to give up.“We’ve been trying to incorporate new technology which is not very common for us,” Mendivil said. “So we can maybe go into doing deliveries.”“It’s like my mom said, when money is not enough, you just tighten your belt. It's a saying in Spanish. Apretarse el cinturón, meaning that you just spend less,” Nieve Blanca said. 3800
(KGTV) — Prince Harry is not a fan of the wildly popular video game "Fortnite."The Duke of Sussex's comments came during an event at a London YMCA, where he slammed the game's "addictive" qualities and took aim at the influence of social media on children."That game shouldn't be allowed. Where is the benefit of having it in your household?" he said, according to the BBC. "It's created to addict, an addiction to keep you in front of a computer for as long as possible. It's so irresponsible."RELATED: Fortnite: What it is and why it is so popularPrince Harry went on to say social media is, "more addictive than alcohol and drugs." His comments come days after he and Duchess of Sussex, Meghan Markle, set up their official Instagram account, according to ABC News.There's been no shortage of the video game's effect on gamers since its release. "Fortnite" skyrocketed in popularity and has become the subject of lawsuits, financial problems, and even divorces."Fortnite" is structures as a survival video game that is free to download and pits players against 99 other players on an island until there's one player left. 1133
(KGTV) - The Department of Education Thursday offered resources to former students of the now shuttered Art Institute and its parent company, Argosy University.The agency published a fact sheet online to help former students learn about their options moving forward, automatic loan cancellation for the current term, how to obtain academic records, how to apply for a closed school loan discharge, and other common questions and answers related to school closings.The website also offers students impacted by the school closures a list of transfer fairs to help facilitate continuing their education at another school.RELATED: Art Institute latest for-profit run school to abruptly closeCourt documents claim San Diego art institute altered recordsStudents concerned for future of Art Institute of California - San Diego"The Department will email students to make them aware of the online resources and explain their options, and in the coming days, a schedule of webinars for students will be added to the closure site," the website says. "Additionally, the Department continues to coordinate efforts and communications to students with state licensing and accrediting partners."The Art Institute of California - San Diego abruptly closed in its Mission Valley campus this month, leaving hundreds of students scrambling to figure out what to do next. The institute's operator, Argosy University, shut down the campus after court documents alleged it misused millions of dollars in federal funds. 1504
(KGTV) -- The San Dieguito Union High School District is pausing its expansion of on-campus learning until January amid the coronavirus pandemic.The district said Saturday it originally planned to expand access to campus for one day a week of in-class instruction in November.“In order to provide a safe, stable, and sustainable return to campus, and in consideration of maintaining the integrity of our instructional model, we are moving that date to the week of January 4, 2021, for the remainder of Quarter 2,” the district said.Leading up to January, schools plan to hold meetings with parents and students to review bell schedules.Read the full letter from the district below: 689