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Politics : Bill Clinton Scandal - SANITY CHECK -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (4691)	9/22/1998 2:03:00 PM
From: Les H	Read Replies (1) \| Respond to of 67261

If you're going to use that argument, one could argue about misproportionality of the Federal Budget. 45% of the budget is spent on the elderly.

To: Lizzie Tudor who wrote (4691)	9/22/1998 2:09:00 PM
From: MulhollandDrive	Read Replies (2) \| Respond to of 67261

OTOTOT Michelle, I'm only vaguely familiar with Prop 13, are you saying that older residents on fixed incomes are not selling their properties because of their current real estate taxes are "grandfathered" and are therefore resistant to buying new property as it opens them up to much higher tax rates? If true, that does seem counterproductive. bp

To: Lizzie Tudor who wrote (4691)	9/22/1998 2:47:00 PM
From: dougjn	Read Replies (1) \| Respond to of 67261

<OT> Gee, I didn't think it could possibly be THAT ancient prop. 13. But now that you explain it, I can see why that sleeper has had some unintended consequences. (Or perhaps intended by some, but unsuspected back then by most. No?) What looks on its face to be a limitation on an increase in property taxes that all property owners would enjoy equally, in turn develops into something very different. I see just what you mean. Lordee, if the law is unchanged, just imagine its effects in say 20 years, when the boomers are really getting up there, and stay put forever as you suggest. It's the kind of thing which is extremely difficult to change, politically. Because those who are benefiting from it have a very sharp sense of how much they'll be hurt if it changes. While those who are currently hurt, have only a rather diffuse, dull, and theoretical sense of how maybe they'll EVENTUALLY be helped by changing the law. The courts may be another issue. Effective age discrimination, as you say. Doug