Posted by taxguru on March 31, 2003
Dismantling Prop 13
25 years ago, the voters of the PRC passed a ground breaking property tax reduction measure and limit on future taxes. It shouldn’t be any surprise that, given the deep financial hole the rulers out there on the Left Coast have dug for themselves, they are looking for ways to unravel the tax limits in Proposition 13. Just as no tax is temporary, no tax limit is permanent.
KMK
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