[quote=jpinpb]
Without Prop 13, I could see property taxes going through the roof. It will make it extremely difficult for people to afford to maintain a house.

While there are rich people in LJ paying low taxes, Prop 13 really helps any homeowner. Look at the big picture. Many middle class people own homes throughout California.[/quote]

Property tax is just one type of tax that Californians have to pay. Income tax is another huge tax in California. If property taxes are artificially limited via proposition 13 and other props, then the state will just increase income tax because that is the tax they can increase. In California, income-earners subsidize property owners.

Why should the taxes of property owners be limited while the taxes on income earners are unlimited? Young, productive workers are subsidizing the lifestyles of all those retired old fogeys in La Jolla.