Prop.13 in a nutshell
Published October 10, 2003
Was this responsible for California's current fiscal crisis?
No.
Repeat: No.
"Between 1977 (the year before Prop. 13) and 1999 (the latest year for which complete data is available), inflation and population grew at a combined rate of 235 percent. State revenues grew 448 percent, California city revenues grew 333 percent and county revenues grew 326 percent. If Prop. 13 was supposed to slow government spending, it was a complete failure. Governments simply shifted to other taxes." [Senator Tom McClintock]
What Proposition 13 did achieve was to give home owners a chance against the "Spend-And-Tax" state government.
And that's a good thing.
So leave it alone.
Especially if you're from out-of-state.
[I'll be doing a more detailed Briefing Sheet with charts and all later on my site. If you'd like to know when it's ready, drop me a note from my site.]
- Prop.13 in a nutshell
- Published: October 10, 2003
- Type:
- Section: Culture
- Writer: Hal Pawluk
- Hal Pawluk's BC Writer page
- Hal Pawluk's personal site
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