BG the thing is that a line can be drawn anywhere with regards to prop 13. You seem to have a stick in your craw about elderly people who have barely any taxes. What about those homebuyers who bought in Scripps or 4S or Carlsbad or Encinitas in the late 90s before the bubble? Compared to all of the neighbors they have who bought in subsequent years, they are bandits.
As I said, if you guys study the proposition thoroughly the thing you all should be whining about is the benefits of the commericial ownership.
Better yet find some time to do some research in pretty much any neighborhood you want and go look at the tax assessment for a hundred properties, then come back and tell me the percentage of them living with a “I am making out like a robber assessment”.
In the end the complaint should really be what the hell is happening to the billions and billions of dollars in tax revenue. You are stepping over the dollar to get to the dime.
FLU had a good point that was naturally missed by everyone. It is a stark reality that nobody wants to face but is VERY TRUE. This state is overburdened and in the end cannot meet all of the obligations that it is incurring. You can raise the tax revenue all you want and this problem will not go away. The state is not shrinking and neither are the state obligations.
Nobody wants to say enough is enough. Until then, yeah go ahead and tax the hell out of everyone. We are not the most taxed state in the nation so lets go for it!!