Re: Re: Re: [Pen-l] California Fiscal Bait and Switch

[Gar Lipow <gar.lipow@xxxxxxxxx>]

On Mon, May 4, 2009 at 11:48 AM, Jim Devine <jdevine03@xxxxxxxxx> wrote:
> David B. Shemano wrote:
>>> Tell me, specifically, who were the "powerful interests" that intentionally mislead the gullible middle class?  Prop 13, and the debate about Prop 13, was as true an example of "democracy," meaning that the citizenry as a whole was actively and directly engaged on a matter of public policy,  that I remember in my life.  Average people normally politically disinterested were engaged, became informed and argued with their friends and family members.<<

I seem to remember at the time that Jarvis and Gann were backed by
large landlords. Prop 13 was specifically written to allow
reassessment at sale of property. Large landlords tended at the time
to hold on to their property while homeowners sold theirs when they
moved. So it was an immediate cut, plus a huge long term shift of
taxes (as a percent of value) from commercial property owners to
people who owned their own homes.
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