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

To: Lizzie Tudor who wrote (451218)9/1/2003 2:49:51 PM
From: sylvester80  Read Replies (1) | Respond to of 769667
 
Arnold and the fascist repukes will lose BIG in California. Mark my words. I mean BIG!



To: Lizzie Tudor who wrote (451218)9/1/2003 3:09:26 PM
From: DavesM  Read Replies (1) | Respond to of 769667
 
The average house in the State costs over $300K. Doubling or tripling the property tax, would result in a property tax increase of $3000 to $6000 per year, for an average house!

If prop 13 ever got overturned, property values would re-align in CA. CA's property values would probably move back toward the National average - a rather painful prospect, if you own property in CA. In such a case, do you really think tax revenues would go up?


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