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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (134958)3/26/2001 6:18:51 PM
From: TimF  Read Replies (1) of 1570466
 
My experience has been that people still complain when taxes are lowered and/or simplified....CA is a prime example. CA has one of the lowest real estate tax formulas in the country because of the passage of a proposition, Prop. 13, over 20 years ago. Nonetheless, people still complain they are paying to much in taxes.

CA has higher non real estate taxes then most other states. They also have high assessed housing values in many of their metro areas so eve with low rates you can get tax payments that are not low. Also even if people still complain it doesn't mean simpifing taxes would not be a good thing. You get less wasted resources going to tax preparation and compliance. Those resources can be used for more productive purposes.

And now the loss of tax $$$ is clearly showing in the form of a badly worn out infrastructure that is suffering from considerable deferred maintenance. Ironically, that has become the basis for the latest complaints re taxes and the subsequent call to reduce them further.

CA tax revenue and spending have both expanded a lot since prop13. I'm not just talking about the raw dollar figure, they have also both increased on a inflation adjusted per capita basis. If the infrastructure is crumbling and not enough is spent on education then reduced tax revenue from prop13 isn't to blame, the CA government wasting a lot of that extra tax money on less important things might be. I haven't closely studied the budgets of CA since prop13, all I have is the overall numbers (which are now a lot higher), do you have an idea how the government of CA might have stupidly wasted all the new money they where spending?

Tim
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