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

To: Tenchusatsu who wrote (496590)	7/20/2009 3:44:34 PM
From: Road Walker	1 Recommendation Read Replies (4) \| Respond to of 1574005

Of course, that means CA property values are inflated, but that also means the state is still getting a hefty chunk of property tax revenue. 44th as a percent of property values? Sorry, hard to feel sorry for you.

To: Tenchusatsu who wrote (496590)	7/20/2009 4:38:39 PM
From: tejek	Read Replies (1) \| Respond to of 1574005

People have this crazy notion that CA's property taxes are absurdly low. That may be true as a percentage of property value, but not in terms of absolute dollars or percentage of income: What does it matter about the absolute dollars when absolute dollars are not enough money to pay expenses? CA does not collect enough revenue to pay its expenses. Californians are saying they refuse to pay more taxes sooooooo Arnold is cutting services. Since CA is not likely to recover this year and next, more services will need to be cut next year. The people have spoken......you all will get your way. [EOS]