Prop 13 bankrupted California and has kept it that way. But conservatives do not like to talk about that. After all facts and logic have a liberal bias.
Prop 13 was in 1978, 35 years ago for those of you with arithmetic deficiencies. California’s problem isn’t lack of revenue, it’s lack of spending restraint. The Federal government isn’t too far behind.
What a foreign concept, push government to be fiscally responsible. Prop. 13 passed by a 2 to 1 margin in 1978 when Jerry Brown (Moonbeam) was governor. Obviously you don’t live in California, because even with Prop 13 property taxes are high.
Peabody, what has "bankrupted California are a combination of public sector unions, expansive entitlement programs and a declining tax base because businesses are being driven out of the state due to high taxes and regulation.
Everyone seems to have forgotten the ‘fake energy crisis’ of 2000-2001.California had a comfortable budget surplus after the Internet Boom of the late ‘90s. But artificial shortages, selective grid and power plant ’failures’ and market manipulations allowed Enron and other energy companies to jack up electric rates by 800%. They plundered 40 billion dollars from the state treasury, while VP Cheney winked at it all.CA has been struggling to recoup ever since.California Electricity Crisis 2000-01
Prop 13 was necessary to contain rapidly escalating property taxes. It allowed my mother, with a little help from us kids, to remain in her home. It encourages neighborhood stability and provides a known cost of property tax for responsible owner budgeting and forecasting.
STASH Premium Member about 11 years ago
Let ’s see, Michigan is not bankrupt or near bankruptcy.Snyder eliminated the job killing Michigan Business tax.Made Michigan much more job friendly.
Peabody-Martini about 11 years ago
Prop 13 bankrupted California and has kept it that way. But conservatives do not like to talk about that. After all facts and logic have a liberal bias.
blackash2004-tree Premium Member about 11 years ago
Prop 13 was in 1978, 35 years ago for those of you with arithmetic deficiencies. California’s problem isn’t lack of revenue, it’s lack of spending restraint. The Federal government isn’t too far behind.
Mickey 13 about 11 years ago
@Peabody and Radish:
What a foreign concept, push government to be fiscally responsible. Prop. 13 passed by a 2 to 1 margin in 1978 when Jerry Brown (Moonbeam) was governor. Obviously you don’t live in California, because even with Prop 13 property taxes are high.
Peabody, what has "bankrupted California are a combination of public sector unions, expansive entitlement programs and a declining tax base because businesses are being driven out of the state due to high taxes and regulation.
corzak about 11 years ago
Everyone seems to have forgotten the ‘fake energy crisis’ of 2000-2001.California had a comfortable budget surplus after the Internet Boom of the late ‘90s. But artificial shortages, selective grid and power plant ’failures’ and market manipulations allowed Enron and other energy companies to jack up electric rates by 800%. They plundered 40 billion dollars from the state treasury, while VP Cheney winked at it all.CA has been struggling to recoup ever since.California Electricity Crisis 2000-01
Jason Allen about 11 years ago
“Transparency is for the other guys.”Yes, that’s always been the Republican motto.
H P Hundt Premium Member about 11 years ago
Prop 13 was necessary to contain rapidly escalating property taxes. It allowed my mother, with a little help from us kids, to remain in her home. It encourages neighborhood stability and provides a known cost of property tax for responsible owner budgeting and forecasting.
I Play One On TV about 11 years ago
“My neighbors pay over 10 times as much simply because they bought later.”
Does this mean that Prop 13 is just a different way to stick our kids and grandkids with today’s bills? The more things change….
And isn’t it time we tried to learn from mistakes and correct them, rather than to continue to find blame?