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EconProf
ParticipantPizzaman: The old 1% rule under Proposition 13 has been eroding for a long time due to voter-approved measures, such as bonded debt, that allows the government entities to push the real figure up. I always assume 1.15%, excluding Mello Roos when making projections. But wow, it looks like they’ve really blown the lid off in your example.
I think we will soon see some court challenges to county tax assessors that are too slow to lower assessments to get more in line with reality. Government officials have an incentive to pretend values are holding up.EconProf
ParticipantPizzaman: The old 1% rule under Proposition 13 has been eroding for a long time due to voter-approved measures, such as bonded debt, that allows the government entities to push the real figure up. I always assume 1.15%, excluding Mello Roos when making projections. But wow, it looks like they’ve really blown the lid off in your example.
I think we will soon see some court challenges to county tax assessors that are too slow to lower assessments to get more in line with reality. Government officials have an incentive to pretend values are holding up.EconProf
ParticipantPizzaman: The old 1% rule under Proposition 13 has been eroding for a long time due to voter-approved measures, such as bonded debt, that allows the government entities to push the real figure up. I always assume 1.15%, excluding Mello Roos when making projections. But wow, it looks like they’ve really blown the lid off in your example.
I think we will soon see some court challenges to county tax assessors that are too slow to lower assessments to get more in line with reality. Government officials have an incentive to pretend values are holding up.EconProf
ParticipantPizzaman: The old 1% rule under Proposition 13 has been eroding for a long time due to voter-approved measures, such as bonded debt, that allows the government entities to push the real figure up. I always assume 1.15%, excluding Mello Roos when making projections. But wow, it looks like they’ve really blown the lid off in your example.
I think we will soon see some court challenges to county tax assessors that are too slow to lower assessments to get more in line with reality. Government officials have an incentive to pretend values are holding up.EconProf
ParticipantMany observers see Barak Obama as another Jimmy Carter, and the parallels are remarkably strong. Both are (were) outsiders, untested, lean left, promise a fresh face, plan to shake up the status quo, inexperienced internationally and want government to be more activist.
By some measures, Carter was one of the worst presidents ever. His liberalism at home and abroad actually so turned people off that he ushered in Reagan conservatism.
Today many true conservatives, as opposed to Republicans, actually see merit in four disastrous years of Obama, as it would revive true conservatism.EconProf
ParticipantMany observers see Barak Obama as another Jimmy Carter, and the parallels are remarkably strong. Both are (were) outsiders, untested, lean left, promise a fresh face, plan to shake up the status quo, inexperienced internationally and want government to be more activist.
By some measures, Carter was one of the worst presidents ever. His liberalism at home and abroad actually so turned people off that he ushered in Reagan conservatism.
Today many true conservatives, as opposed to Republicans, actually see merit in four disastrous years of Obama, as it would revive true conservatism.EconProf
ParticipantMany observers see Barak Obama as another Jimmy Carter, and the parallels are remarkably strong. Both are (were) outsiders, untested, lean left, promise a fresh face, plan to shake up the status quo, inexperienced internationally and want government to be more activist.
By some measures, Carter was one of the worst presidents ever. His liberalism at home and abroad actually so turned people off that he ushered in Reagan conservatism.
Today many true conservatives, as opposed to Republicans, actually see merit in four disastrous years of Obama, as it would revive true conservatism.EconProf
ParticipantMany observers see Barak Obama as another Jimmy Carter, and the parallels are remarkably strong. Both are (were) outsiders, untested, lean left, promise a fresh face, plan to shake up the status quo, inexperienced internationally and want government to be more activist.
By some measures, Carter was one of the worst presidents ever. His liberalism at home and abroad actually so turned people off that he ushered in Reagan conservatism.
Today many true conservatives, as opposed to Republicans, actually see merit in four disastrous years of Obama, as it would revive true conservatism.EconProf
ParticipantMany observers see Barak Obama as another Jimmy Carter, and the parallels are remarkably strong. Both are (were) outsiders, untested, lean left, promise a fresh face, plan to shake up the status quo, inexperienced internationally and want government to be more activist.
By some measures, Carter was one of the worst presidents ever. His liberalism at home and abroad actually so turned people off that he ushered in Reagan conservatism.
Today many true conservatives, as opposed to Republicans, actually see merit in four disastrous years of Obama, as it would revive true conservatism.EconProf
ParticipantCA now has the third-highest unemployment rate in the nation. So we should raise taxes in order to beat up on those nasty employers.
EconProf
ParticipantCA now has the third-highest unemployment rate in the nation. So we should raise taxes in order to beat up on those nasty employers.
EconProf
ParticipantCA now has the third-highest unemployment rate in the nation. So we should raise taxes in order to beat up on those nasty employers.
EconProf
ParticipantCA now has the third-highest unemployment rate in the nation. So we should raise taxes in order to beat up on those nasty employers.
EconProf
ParticipantCA now has the third-highest unemployment rate in the nation. So we should raise taxes in order to beat up on those nasty employers.
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