[quote=flu][quote=no_such_reality][quote=XBoxBoy]You ain’t seen nothing yet. Democrats will have super-majorities in both houses of the California legislature after this election. Let the taxing and spending begin!!![/quote]
No what happened last time we did that?
We got prop 13…[/quote]
Yup, but wait. Some people think we should repeal that now…Well at least for investment property (obviously from people who don’t own investment property)…[/quote]
FWIW, we’ve owned investment property, and will do so in the future. We also will (most likely) be inheriting property in a higher-end area that was purchased in the 1940s. I’m more than willing to give up the property tax protections from Prop 13.
See, not all of us are selfish, egocentric pigs. Some of us still believe in, and advocate for, doing the right thing even though it would harm our own interests.
Prop 13 would NEVER have passed if it were billed as a way to subsidize the profits of landlords and commercial interests at the expense of regular taxpayers. Prop 13 is why we have such high income tax rates, so it’s pretty funny when we hear people whine about CA’s income tax rates, then complain about the possibility of losing Prop 13 protection. It was supposed to protect people (especially elderly people on fixed incomes) from being taxed out of their own homes.
Do the anti-taxers really think there’s a magical infrastructure fairy that waves her magic wand over the state? What makes the whole “anti-tax” meme so funny is that most of the biggest whiners are the very ones who want to live in clean, safe communities with good roads, up-to-date infrastructure, and nice parks, etc. They also want clean, safe schools with exceptional teachers, the newest/best technology, P.E. teachers, GATE/Seminar/Advanced Placement programs, etc., BUT THEY DON’T WANT TO PAY FOR IT. The money has to come from somewhere…stop looking for a free ride.
I’m willing to bet that those of us who argue for higher taxes are probably paying a higher overall tax rate than those who whine the most about taxes.
