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


To: TimF who wrote (615969)6/13/2011 8:37:26 PM
From: tejek  Read Replies (1) | Respond to of 1579787
 
Prop 13 didn't reduce commerce in CA (if anything it might indirectly increase it). It didn't cause the average age of Americans to get higher. The general situation described in the article has nothing to do with Prop 13.

It reduced revenues making CA gov'ts more dependent on taxes from commerce. And when tax revenues from commerce run dry, gov'ts are screwed. Read the article again.