[quote=flyer]CAr, as you know from my posts over the years, both my wife and I come from families who have owned properties here for over a century, many of which we have inherited, and we both realize our good fortune (wrt real estate) was simply based upon being related to people who happened to be at the right place at the right time and who had the vision and the means to create a successful enterprise that we have continued to develop.
That said, I completely understand how there are many aspects of this situation wrt to property taxes, etc., that seem unfair to other taxpayers, and I can understand how there would be interest in legislating change. To that, I can only say that I believe that anyone in our same position would have taken advantage of these opportunities just as we have, but, perhaps it is time to reevaluate the situation from a different vantage point, and I wish you the best on your crusade.[/quote]
Flyer, there is nothing unethical about accepting a subsidy that is legally available to you. I’ve also benefited from Prop 13 on inherited property, and stand to benefit even more in the future.
I’m just trying to point out to some of the folks here that we need to eliminate the subsidies, for which there is no legal or moral justification, from those who never earned them *before* we break a contract with people who have worked for and earned what was promised to them.
The people who benefit from these unearned subsidies are the last people who have any right to criticize those who’ve worked for what they’ve earned (though I have always advocated for some changes that would shore up many of the weaknesses in the public pension systems).
