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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Lizzie Tudor who wrote (168195)12/2/2008 12:48:55 AM
From: Skeeter BugRead Replies (1) of 306849
 
Lizzie, spending is the problem, not taxing.

CA citizens are taxed near the top in the united states - and that factors in whatever property tax issue you seem to think is the "problem."

statemaster.com

CA is also #1 in terms of large states on tax / GDP basis:

statemaster.com

yes, we are 17th out of 50, but only smaller economy states are higher than california. iow, their GDPs are small.

2002 $64 billion in tax revenues
2007 $97 billion in tax revenues

that's a 50% increase in taxes.

sco.ca.gov

are you making 50% more since 2002?

we have a spending problem, not a tax problem.

a "cut" is not an increase in spending. only a spending problem goon would insist an increase in spending is a "cut."

time to cut the waste. time to find out why my son's private school can do more on half the money per student than the public schools.

ps - don't worry, pretty soon those folks will be paying the 1.17% as home values continue to crash.
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