Joe, I am so glad I own in the state of California where the voters (spurred on by Howard Jarvis and Paul Gann) passed, what we lovingly call, "Proposition 13". It limits increases in the so-called value of your property to 2% per year for the current owner. When you sell, the property is re-valued at the then-current market value. This keeps your property taxes under control. Now, it does mean that the state has to find other ways of getting revenue, but it does protect property owners.
Right now, on our March 2nd ballot, there is a proposition to change the majority to raise other taxes from a 2/3rds majority to only 55%. I know how I am voting on this, that's for sure!!!
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timeasmymeasure
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Date: 2004-02-17 09:36 pm (UTC)Right now, on our March 2nd ballot, there is a proposition to change the majority to raise other taxes from a 2/3rds majority to only 55%. I know how I am voting on this, that's for sure!!!