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Politics : Politics for Pros- moderated

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To: LindyBill who wrote (5653)	8/22/2003 5:00:57 AM
From: unclewest	Read Replies (2) of 793574

LB, California has a higher sales tax than Tennessee too. taxadmin.org I havta believe the property tax increase restriction is the big squeeze. Edit: I see you covered that point in your next post... What is true is that California's taxes are highly inequitable: thanks to Proposition 13, some people pay ridiculously low property taxes. Warren Buffett, supposedly acting as Mr. Schwarzenegger's economic adviser, offered the perfect example: he pays $14,401 in property taxes on his $500,000 home in Omaha, but only $2,264 on his $4 million home in Orange County. But the candidate quickly made it clear that Mr. Buffett should stick to the script and not mention inconvenient facts.

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