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meadandale
Participant[quote=4plexowner]unfortunately we have dug ourselves a very deep hole with Keynesian economics and fiat currency
[/quote]Yep, this is a good discussion of the subject…
http://www.givemeliberty.50megs.com/An%20Economics%20Lesson.htm
Participant[quote=4plexowner]unfortunately we have dug ourselves a very deep hole with Keynesian economics and fiat currency
[/quote]Yep, this is a good discussion of the subject…
http://www.givemeliberty.50megs.com/An%20Economics%20Lesson.htm
Participant[quote=4plexowner]unfortunately we have dug ourselves a very deep hole with Keynesian economics and fiat currency
[/quote]Yep, this is a good discussion of the subject…
http://www.givemeliberty.50megs.com/An%20Economics%20Lesson.htm
Participant[quote=pri_dk]
Got a source for that statistic?Total state budget for 2000/01:
$88 billionTotal for 2007/08:
$102 billionNot exactly “double”.
[/quote]
http://www.dof.ca.gov/budgeting/budget_faqs/information/documents/CHART-B.pdf
1999-2000: $85 billion
2007-2008: $138 billionThat’s an increase of 62%. Not quite double but not nearly as low as your numbers indicate. Over that period, property tax revenue doubled and to hear the counties talk, the state takes the majority of the property tax revenue for themselves.
Did the population of CA increase by 62% in 7 years? 30%?
CA state spending is OUT OF CONTROL.
You want to know where to cut spending? Eliminate the generous pensions and paid healthcare. Do you know anyone in the private sector that gets to retire with a full pension and health benefits after 25 years on the job? Do you know anyone in the private sector that gets GUARANTEED investment returns on their retirement investments?
Participant[quote=pri_dk]
Got a source for that statistic?Total state budget for 2000/01:
$88 billionTotal for 2007/08:
$102 billionNot exactly “double”.
[/quote]
http://www.dof.ca.gov/budgeting/budget_faqs/information/documents/CHART-B.pdf
1999-2000: $85 billion
2007-2008: $138 billionThat’s an increase of 62%. Not quite double but not nearly as low as your numbers indicate. Over that period, property tax revenue doubled and to hear the counties talk, the state takes the majority of the property tax revenue for themselves.
Did the population of CA increase by 62% in 7 years? 30%?
CA state spending is OUT OF CONTROL.
You want to know where to cut spending? Eliminate the generous pensions and paid healthcare. Do you know anyone in the private sector that gets to retire with a full pension and health benefits after 25 years on the job? Do you know anyone in the private sector that gets GUARANTEED investment returns on their retirement investments?
Participant[quote=pri_dk]
Got a source for that statistic?Total state budget for 2000/01:
$88 billionTotal for 2007/08:
$102 billionNot exactly “double”.
[/quote]
http://www.dof.ca.gov/budgeting/budget_faqs/information/documents/CHART-B.pdf
1999-2000: $85 billion
2007-2008: $138 billionThat’s an increase of 62%. Not quite double but not nearly as low as your numbers indicate. Over that period, property tax revenue doubled and to hear the counties talk, the state takes the majority of the property tax revenue for themselves.
Did the population of CA increase by 62% in 7 years? 30%?
CA state spending is OUT OF CONTROL.
You want to know where to cut spending? Eliminate the generous pensions and paid healthcare. Do you know anyone in the private sector that gets to retire with a full pension and health benefits after 25 years on the job? Do you know anyone in the private sector that gets GUARANTEED investment returns on their retirement investments?
Participant[quote=pri_dk]
Got a source for that statistic?Total state budget for 2000/01:
$88 billionTotal for 2007/08:
$102 billionNot exactly “double”.
[/quote]
http://www.dof.ca.gov/budgeting/budget_faqs/information/documents/CHART-B.pdf
1999-2000: $85 billion
2007-2008: $138 billionThat’s an increase of 62%. Not quite double but not nearly as low as your numbers indicate. Over that period, property tax revenue doubled and to hear the counties talk, the state takes the majority of the property tax revenue for themselves.
Did the population of CA increase by 62% in 7 years? 30%?
CA state spending is OUT OF CONTROL.
You want to know where to cut spending? Eliminate the generous pensions and paid healthcare. Do you know anyone in the private sector that gets to retire with a full pension and health benefits after 25 years on the job? Do you know anyone in the private sector that gets GUARANTEED investment returns on their retirement investments?
Participant[quote=pri_dk]
Got a source for that statistic?Total state budget for 2000/01:
$88 billionTotal for 2007/08:
$102 billionNot exactly “double”.
[/quote]
http://www.dof.ca.gov/budgeting/budget_faqs/information/documents/CHART-B.pdf
1999-2000: $85 billion
2007-2008: $138 billionThat’s an increase of 62%. Not quite double but not nearly as low as your numbers indicate. Over that period, property tax revenue doubled and to hear the counties talk, the state takes the majority of the property tax revenue for themselves.
Did the population of CA increase by 62% in 7 years? 30%?
CA state spending is OUT OF CONTROL.
You want to know where to cut spending? Eliminate the generous pensions and paid healthcare. Do you know anyone in the private sector that gets to retire with a full pension and health benefits after 25 years on the job? Do you know anyone in the private sector that gets GUARANTEED investment returns on their retirement investments?
Participant[quote=pri_dk]
Prop. 13 has done a tremendous amount of damage to the state’s fiscal situation and
[/quote]This is a bunch of crap. The assessed value of real estate in CA doubled between 2000 and 2007, yet the state still managed to outspend the doubling in property tax revenue.
Our state does not have a tax problem, it has a spending problem.
Participant[quote=pri_dk]
Prop. 13 has done a tremendous amount of damage to the state’s fiscal situation and
[/quote]This is a bunch of crap. The assessed value of real estate in CA doubled between 2000 and 2007, yet the state still managed to outspend the doubling in property tax revenue.
Our state does not have a tax problem, it has a spending problem.
Participant[quote=pri_dk]
Prop. 13 has done a tremendous amount of damage to the state’s fiscal situation and
[/quote]This is a bunch of crap. The assessed value of real estate in CA doubled between 2000 and 2007, yet the state still managed to outspend the doubling in property tax revenue.
Our state does not have a tax problem, it has a spending problem.
Participant[quote=pri_dk]
Prop. 13 has done a tremendous amount of damage to the state’s fiscal situation and
[/quote]This is a bunch of crap. The assessed value of real estate in CA doubled between 2000 and 2007, yet the state still managed to outspend the doubling in property tax revenue.
Our state does not have a tax problem, it has a spending problem.
Participant[quote=pri_dk]
Prop. 13 has done a tremendous amount of damage to the state’s fiscal situation and
[/quote]This is a bunch of crap. The assessed value of real estate in CA doubled between 2000 and 2007, yet the state still managed to outspend the doubling in property tax revenue.
Our state does not have a tax problem, it has a spending problem.
Participant[quote=4plexowner]there are issues with Prop 13 – it could well be reformed[/quote]
There are some inequities WRT prop 13 and non-residential property but with the way our state spends money, the minute the protection on the residential home owner is removed be prepared for a housing collapse that makes the current one look like a blip. We are in a severe recession and yet the fed, the state and the city are ALL raising taxes/fees and sticking it to the citizens. If you think that property taxes are any different you’re high.
Screw with prop 13 or the home mortgage interest deduction and I’m walking away from my house and I’m sure many feel the same way.
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