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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Bank Holding Company who wrote (184292)2/17/2009 10:21:41 AM
From: Skeeter BugRead Replies (3) | Respond to of 306849
 
RB, prop 13 is the only thing that is saving the sane people in the state. if i had to pay the idiot, mortgage fraud real estate property tax levels, i would have been livid.

don't worry, we are #1 in sales tax, #1 in gas tax, #1 in income tax, #1 in lowest income where max tax rate comes into play and #1 west of the mississippi for business tax.

they get plenty of money, they just want to grow the state faster than population and faster than inflation.

the unions need mo' money, the politicians need the unions to get elected and the politicians want their pork, too, they were giving their people raises last *after* the CA budget crisis was obvious... effectively raising their income at the expense of everyone else. UNBELIEVABLE.



To: Bank Holding Company who wrote (184292)2/17/2009 11:46:53 AM
From: Jim McMannisRespond to of 306849
 
RE:"I say take property values back to 1981 levels and let them eat cake"

That would take care of prop 13 but sure would leave a scorched earth..