Links to en.wikipedia.org/wiki/California_Proposition_13_(1978) Results 8 of 8 (0.570 seconds)

of the downturn in the housing market as well as the economy in general There are historical reasons that housing prices are so important to the state s tax stream read all abut Prop 13 here but for now let s simply point out that the state s expenses have gone up with time but recently the income has been dealt a heavy blow As

will be a huge gt wave of Tax Sale Foreclosures over then next year I ll have no sympathy for my own state s financial problems We ve very unfair laws This means people who bought their mansions or beach homes back in 78 will be paying next to nothing for property tax 1 2 million home pays about 1

quote Originally posted by yakusoku Cab you re talking about Proposition 13 It s also important to note that we need a super majority 2 3 rather than gt 50 to pass lots of things here which also makes it very hard to make changes even those that would be in our best interest like our annual state budget We couldn

Cab you re talking about Proposition 13 It s also important to note that we need a super majority 2 3 rather than gt 50 to pass lots of things here which also makes it very hard to make changes even those that would be in our best interest like our annual state budget We couldn t pass one for almost

Yeah California has Prop 13 which makes everything more interesting

less to live on when I retire 160 I ll be fine but the huge rise in my assets has diminished my quality of life now and in the future http://en.wikipedia.org/wiki/California_

Prop 13 is great if you want terrible schools, terrible roads, and high housing prices. Basically if you hate young people/children, future generations, and want to retire. It's the ultimate ponzi scheme. Everything in life comes at a cos

Some parts of the country also have rules that cap annual increases but reset during a sale e g http://en.wikipedia.org/wiki/C...Proposi