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

To: Tenchusatsu who wrote (435027)	11/15/2008 5:29:43 PM
From: tejek	Read Replies (1) \| Respond to of 1573201

Ted, > Housing/commericial real estate prices went up during that period.......that increases assessments and in turn,tax revenues. Going up 40%, however, doesn't guarantee the state will sufficient funds. No Ted, the actual tax revenues went up 40% under Ah-nuld. Without Prop. 13, it might have gone up even faster, but then again, a lot of people would have been forced out of their homes because of crushing property taxes. The first spec boom and crash in CA was caused at least in part by Prop 13. Prior to Prop. 13, CA housing prices were lower than the national median. After Prop 13 got passed, CA began to exceed the national median more and more each year. Lower taxes fueled buyers to pay higher and higher prices. It's not fair for the state to have "guaranteed sufficient funds," yet force the taxpayer to pay up for real estate appreciation they themselves are not responsible for. Oh cry me a river......... Once again, tell me how California is on a "starvation diet" if tax revenues went up 40% over the past five years. When you don't properly maintain your infrastructure for decades eventually you end up paying much more to keep it up than if you had kept it up year after year. That's what CA is doing now......running from one hole in the dike to the next, trying to keep the water from spilling over, and in the process, facing higher and higher costs that continue to exceed the revenues coming in. .S. - Thank God for the Howard Jarvis Taxpayer's Association. Yup. You're all the same......wanting something for nothing.