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To: Elroy Jetson who wrote (13142)8/25/2003 1:43:19 AM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
If it takes a 2/3 vote (66.67%) to repeal prop 13 that will be tough. I'd be surprised if it made it on a ballot.



To: Elroy Jetson who wrote (13142)8/25/2003 10:45:22 AM
From: GraceZRead Replies (1) | Respond to of 306849
 
Corporate and business taxes are simply a way to hide the total tax burden from the populace, what they don't see they don't know they are paying for.

As the Democrat quoted in that article said, they aren't looking for a revenue neutral solution. The dream of bringing down the taxes of those who pay too much by shifting the burden to those who pay too little is something of a pipe dream. The end result will be everyone pays more. But it'll be "fair". The inflation in real estate would hardly be moderated by lowering the rate on current sales. The answer is to have the entire state to stop living beyond its means.

Collecting higher taxes from a state already reeling from a serious loss in income is a prescription for sending the whole state into depression. Its akin to what the Mexican hotel owners did in Cancun years ago when they experienced their first fall off in total revenues, they raised prices because they needed to make the same amount of money as before, so they made the remaining tourists pay more.

What is the spending differential per student between CA schools and the rest of the nation?



To: Elroy Jetson who wrote (13142)8/25/2003 7:12:52 PM
From: David JonesRespond to of 306849
 
re.....The reality is that Disney, like most large businesses, is opposed to Prop 13,.....

Large business move, expand, come and go.

"According to the State Board of Equalization, business properties are assessed at 74.93 percent of market value. The ratio of assessed value to market value for other property is much lower, according to the CPS study. (The statewide average, including business properties, is 55 percent.)"

Ya large business would like to even the field and lower their percentage of property taxes paid but you omit what that would do to small business. Those do not want a repel of 13. And all business are opposed to a split roll as you alluded to but appreciate the predictability of 13.