California Special Election

[luchabee]

Vote no to everything unless you want to feed the government beast with more taxes.

[meadandale]

[quote=luchabee]Vote no to everything unless you want to feed the government beast with more taxes. [/quote]

Yep, I’m voting no on all this bullshit.

[meadandale]

[quote=luchabee]Vote no to everything unless you want to feed the government beast with more taxes. [/quote]

Yep, I’m voting no on all this bullshit.

[meadandale]

[quote=luchabee]Vote no to everything unless you want to feed the government beast with more taxes. [/quote]

Yep, I’m voting no on all this bullshit.

[meadandale]

[quote=luchabee]Vote no to everything unless you want to feed the government beast with more taxes. [/quote]

Yep, I’m voting no on all this bullshit.

[meadandale]

[quote=luchabee]Vote no to everything unless you want to feed the government beast with more taxes. [/quote]

Yep, I’m voting no on all this bullshit.

[barnaby33]

I haven’t read the pamphlet yet, but tend to vote no on any measure which limits the legislature’s ability to shift cut or raise spending. Ca already has too much auto pilot spending, which is actually a large part of why we are so broke and unable to cut spending. The legislature only controls about 16% of the budget (IIRC).

If you don’t like what the legislature spends money on, vote for a different legislator. Prop 13 is a prime example of trying to fix a symptom, not the problem.

Josh

[barnaby33]

I haven’t read the pamphlet yet, but tend to vote no on any measure which limits the legislature’s ability to shift cut or raise spending. Ca already has too much auto pilot spending, which is actually a large part of why we are so broke and unable to cut spending. The legislature only controls about 16% of the budget (IIRC).

If you don’t like what the legislature spends money on, vote for a different legislator. Prop 13 is a prime example of trying to fix a symptom, not the problem.

Josh

[barnaby33]

I haven’t read the pamphlet yet, but tend to vote no on any measure which limits the legislature’s ability to shift cut or raise spending. Ca already has too much auto pilot spending, which is actually a large part of why we are so broke and unable to cut spending. The legislature only controls about 16% of the budget (IIRC).

If you don’t like what the legislature spends money on, vote for a different legislator. Prop 13 is a prime example of trying to fix a symptom, not the problem.

Josh

[barnaby33]

I haven’t read the pamphlet yet, but tend to vote no on any measure which limits the legislature’s ability to shift cut or raise spending. Ca already has too much auto pilot spending, which is actually a large part of why we are so broke and unable to cut spending. The legislature only controls about 16% of the budget (IIRC).

If you don’t like what the legislature spends money on, vote for a different legislator. Prop 13 is a prime example of trying to fix a symptom, not the problem.

Josh

[barnaby33]

I haven’t read the pamphlet yet, but tend to vote no on any measure which limits the legislature’s ability to shift cut or raise spending. Ca already has too much auto pilot spending, which is actually a large part of why we are so broke and unable to cut spending. The legislature only controls about 16% of the budget (IIRC).

If you don’t like what the legislature spends money on, vote for a different legislator. Prop 13 is a prime example of trying to fix a symptom, not the problem.

Josh

[4plexowner]

there are issues with Prop 13 – it could well be reformed

commercial real estate very rarely gets re-assessed for tax purposes because of Prop 13 – the property is held inside a corp or LLC – the corp or LLC is sold but, the way Prop 13 currently works, the property held inside the corp / LLC DID NOT CHANGE HANDS and therefore no tax re-assessment is triggered

another injustice of Prop 13: person has owned residential real estate in CA for 30 years – tax increases on the property are limited by Prop 13 but the tenants living in those properties are paying rents based on TODAY’S cost of living which includes property taxes – ie, the long-term landlord is collecting today’s property taxes (in the form of rents) but only paying yesterday’s property taxes to the city – the landlord is shifting the burden of supporting those tenants onto the rest of the tax-payers

because Prop 13 limits the re-assessment of property values, cities try to expand their tax basis by building new sub-divisions, strip malls and big-box stores – thus we have the ever-expanding suburbs and all the commercial properties that now have ‘For Lease’ signs in their windows [stay tuned for the crash of the commercial real estate market – coming soon to a theater near you]

just making the point that Prop 13 is NOT just a symptom, it is one of the contributing factors to the economic woes being felt in CA right now

[4plexowner]

there are issues with Prop 13 – it could well be reformed

commercial real estate very rarely gets re-assessed for tax purposes because of Prop 13 – the property is held inside a corp or LLC – the corp or LLC is sold but, the way Prop 13 currently works, the property held inside the corp / LLC DID NOT CHANGE HANDS and therefore no tax re-assessment is triggered

another injustice of Prop 13: person has owned residential real estate in CA for 30 years – tax increases on the property are limited by Prop 13 but the tenants living in those properties are paying rents based on TODAY’S cost of living which includes property taxes – ie, the long-term landlord is collecting today’s property taxes (in the form of rents) but only paying yesterday’s property taxes to the city – the landlord is shifting the burden of supporting those tenants onto the rest of the tax-payers

because Prop 13 limits the re-assessment of property values, cities try to expand their tax basis by building new sub-divisions, strip malls and big-box stores – thus we have the ever-expanding suburbs and all the commercial properties that now have ‘For Lease’ signs in their windows [stay tuned for the crash of the commercial real estate market – coming soon to a theater near you]

just making the point that Prop 13 is NOT just a symptom, it is one of the contributing factors to the economic woes being felt in CA right now

[4plexowner]

there are issues with Prop 13 – it could well be reformed

commercial real estate very rarely gets re-assessed for tax purposes because of Prop 13 – the property is held inside a corp or LLC – the corp or LLC is sold but, the way Prop 13 currently works, the property held inside the corp / LLC DID NOT CHANGE HANDS and therefore no tax re-assessment is triggered

another injustice of Prop 13: person has owned residential real estate in CA for 30 years – tax increases on the property are limited by Prop 13 but the tenants living in those properties are paying rents based on TODAY’S cost of living which includes property taxes – ie, the long-term landlord is collecting today’s property taxes (in the form of rents) but only paying yesterday’s property taxes to the city – the landlord is shifting the burden of supporting those tenants onto the rest of the tax-payers

because Prop 13 limits the re-assessment of property values, cities try to expand their tax basis by building new sub-divisions, strip malls and big-box stores – thus we have the ever-expanding suburbs and all the commercial properties that now have ‘For Lease’ signs in their windows [stay tuned for the crash of the commercial real estate market – coming soon to a theater near you]

just making the point that Prop 13 is NOT just a symptom, it is one of the contributing factors to the economic woes being felt in CA right now

[4plexowner]

there are issues with Prop 13 – it could well be reformed

commercial real estate very rarely gets re-assessed for tax purposes because of Prop 13 – the property is held inside a corp or LLC – the corp or LLC is sold but, the way Prop 13 currently works, the property held inside the corp / LLC DID NOT CHANGE HANDS and therefore no tax re-assessment is triggered

another injustice of Prop 13: person has owned residential real estate in CA for 30 years – tax increases on the property are limited by Prop 13 but the tenants living in those properties are paying rents based on TODAY’S cost of living which includes property taxes – ie, the long-term landlord is collecting today’s property taxes (in the form of rents) but only paying yesterday’s property taxes to the city – the landlord is shifting the burden of supporting those tenants onto the rest of the tax-payers

because Prop 13 limits the re-assessment of property values, cities try to expand their tax basis by building new sub-divisions, strip malls and big-box stores – thus we have the ever-expanding suburbs and all the commercial properties that now have ‘For Lease’ signs in their windows [stay tuned for the crash of the commercial real estate market – coming soon to a theater near you]

just making the point that Prop 13 is NOT just a symptom, it is one of the contributing factors to the economic woes being felt in CA right now

[Author]

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