Posted by taxguru on April 28, 2003
Lawmakers try to chip away at Prop 13’s two-thirds vote majority – Just as with the Constitution or any other limit placed on the power able to be waged by our rulers, we need to be diligent to prevent increasing encroachment by money hungry folks. The PRC rulers just can’t abide by the two-thirds majority requirement to raise taxes and want to bring it back down to a simple 50% vote.
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