PRESIDENT GEORGE W. BUSH Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : PRESIDENT GEORGE W. BUSH

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Kevin Rose who wrote (423072)	7/4/2003 6:13:54 PM
From: Lizzie Tudor	Read Replies (2) of 769670

I totally disagree, I think there is an economic term for prop 13 (siphoning?) which explains that "freezing" prices on items of limited supply for one group of buyers in effect causes the remaining inventory to skyrocket in price until a gross equilibrium is finally reached. It is the people who work for me who are in their 20s and trying to start families that are subsidizing the rich elderly who screwed their kids (again) with these discriminatory laws. If they want to cap property taxes so granny can't get evicted from her home, why allow investment property as a loophole? Because the whole thing was a scam, imo. Anyway I agree with you CA taxes are too high. But most of my neighbors pay nothing, I mean ZERO in property taxes now while continuing to use services. They inherited houses from their parents or are longtime homeowners who decided to rent the property and retire on the windfall. Its time to fix this inequity imo.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next