Posted by admin! / Under Gann Angles
<p>Gov. Schwarzenegger and his team have done yeoman's work on the budget. But in simply trying to slow the growth of spending, they have been caught in the "liberal flack" budget trap. Has anybody else noticed how much of every newscast is devoted to stories of the "taking wheelchairs from invalids" variety? In his effort to merely halt spending increases, not actually cut spending, the governor is tarred as Simon Legree.</p>
Published on Sunday 1st of August 2010 01:21:07 AM
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Posted by admin! / Under Gann Angles
California taxpayers are celebrating a silver anniversary, as 2003 is the 25th year since the enactment of California's Proposition 13, whose landmark victory in 1978 sparked a national tax revolt. It passed in a landslide vote, with some 65 percent of Californians favoring the measure. The proposition slashed property taxes by limiting property-tax rates to 1 percent of the sales price of a home, and it limited subsequent increases to 2 percent per year -- a radical concept at the time. Previously, tax rates were based on a valuation established by a county assessor. Moreover, voracious local politicians determined the...
Published on Sunday 1st of August 2010 01:21:07 AM
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Posted by admin! / Under Gann Angles
<p>Twenty-five years ago, as Californians debated the merits and madness of Proposition 13, neighbors soaking at a block party in Sunnyvale nearly came to blows over the property-tax revolt.</p><p>It happened to be in the neighborhood of Larry Stone, now the Santa Clara County assessor and a staunch foe of the tax break that changed life forever in this state.</p>
Published on Sunday 1st of August 2010 01:21:07 AM
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