[quote=danielwis]Prop 13 severely penalizes the people the state needs most: young adults that work and pay taxes. Prop 13 is a cluster f*** and a disaster.
Now here’s a bone for you tax hawks. I’m all for a readjustment of other taxation to account for the boon in property tax receipts we would see if Prop 13 is abolished. If an amendment were structured in such a way as to account for a rebalancing, then Prop 13 could be defeated.
And yes, Prop 13 is partially to blame for the sky rocketing real-estate prices in the state since it was enacted.[/quote]
Why would you say the state needs young adults that work and pay the most. Middle age adults that work and pay don’t count?
There would NEVER be a re-adjustment of other taxation to account for Prop 13 if it were abolished. Abolishing Prop 13 would secure one thing and one thing only: Higher, neverending increasing property taxes. And no guarantee that services would be provided any better. This is proven in other states. NJ is a perfect example.
