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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Diane who wrote (423258)7/5/2003 1:14:01 PM
From: Lizzie Tudor  Respond to of 769670
 
I'm all for lower taxes. I just think the siphoning law prop 13 actually had the net effect of raising taxes astronomically for the growth businesses that most of us care about today. Abolish the law (which they will never do, I know) and property values go down, WAY DOWN, and taxes for new job-creating growth companies go down, while revenues to cities go up. A certain class of freeloaders suffers of course. But I don't care about them.