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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: miraje who wrote (314258)	7/11/2009 1:31:31 PM
From: Nadine Carroll	Read Replies (1) \| Respond to of 793963

Rather than conclude the obvious -- that decade after decade of high-tax, anti-business, anti-growth policymaking designed to sate an ever-expanding state is ultimately unsustainable -- a handful of liberals have found their culprit: Proposition 13, a measure limiting property taxes passed by voters in 1978. Aren't they right in a way? With the ability to raise property taxes, they probably could have kept it all going for another 10 years at least, before it collapsed. Long-term thinkers, these are not.

To: miraje who wrote (314258)	7/11/2009 2:14:58 PM
From: MrLucky	2 Recommendations Respond to of 793963

Rather than conclude the obvious -- that decade after decade of high-tax, anti-business, anti-growth policymaking designed to sate an ever-expanding state is ultimately unsustainable -- a handful of liberals have found their culprit: Proposition 13, a measure limiting property taxes passed by voters in 1978. The surest way to leave political office in California is to bad mouth Prop 13. Warren Buffett, who advised our governator when he first ran for office, suggested that Prop 13 should be repealed. Arnold, to his credit, knew what a set of falling knives looked like and told Buffett to pack it in. Buffett happens to own a very large property on the beach in Orange County but a property tax hike to him was inconsequential. If Prop 13 is ever repealed, the economy in this state would never fully recover. Homes are already down 25-30 percent across the board. The lame ass state assembly simply won't accept that they, alone, are responsible for the debacle this state is facing.