think at today value if you have anything it is worth more than million

even if that is true what about the fact that the business has to be worth $3 million or more (thus protecting small businesses) and that the tax doesn’t apply to residential land.

Daniel hope this answers your question about Ag. Prop. 15 would trigger reassessments at market value for agriculture-related facilities and improvements. Although the measure states it makes no changes to the taxation of agricultural land, split roll proponents revealed in their own fact sheet that agriculture is — in fact — impacted. Proponents state, “Commercial or industrial structures on agricultural land would be taxed at fair market value” under Prop. 15. “For example, a dairy barn, food processing facilities, and wineries would be reassessed as they are commercial and industrial,” the fact sheet explains. Given this, milking barns, packinghouses, food processing facilities, buildings, structures and wineries would be reassessed at current market value. Agricultural improvements such as fruit and nut bearing trees and producing vineyards are included as well.