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

To: The Reaper who wrote (29433)	7/18/2011 11:25:54 AM
From: tejek	Read Replies (1) \| Respond to of 119362

Two conservative assholes in the 1970s decided that Californians were paying too much taxes and arbitrarily cut the state's tax rate. You are seriously wrong. Prop 13 was enacted to help old people, who I thought you would want to protect, from getting property taxed out of their homes that they had owned for a very long time. I watched my mom try to survive on half a fixed military pension in the 70's when my dad took off and I remember when she was telling me that she was going to have to sell because of the constant property tax increases each year. At the time of Prop 13 passage the sales tax in CA was under 6% now it's at 8%+ depending on where you buy stuff. CA has long ago compensated for any tax decrease from Prop 13. Also, it's not like the property doesn't ever get revalued for higher more current tax basis. Logic for you liberals just goes out the window when you are presented with the facts. If its not due to lazy CA workers and there is more than enough revenue to pay the state's expenses, then the shortfall must be due to pols pocketing the money. Provide me credible proof of that fact and we can drop the discussion.