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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (135040)	3/28/2001 6:33:32 PM
From: TimF	Read Replies (2) \| Respond to of 1571928

Ted, Prop 13 only limits property taxes. There are other restictions on other taxes, but I don't see how they restrict spending specifically on mass transit, only on total revenue (and thus indirectly total spending). CA has been one of the most aggressive places to reduce taxation in this country. CA Tax revenue was about 7.1% of persona income in 82-83. 7.2% in 90-91, over 8% in 97-98 and 8.6% in 99-00. In 00-01 it is expected to go down (for the first time since 93-94) but only to 8.4%, and spending is still growing. Its over 14% higher for 2000-2001 then for 1999-2000. This means it has not been agressive on reduceing taxation atleast not since the early 80s. It did reduce the total state tax burden after prop13, but it is now higher then it was before prop13. So if CA is undertaxed now then it has always been undertaxed. Tim