Quote:
Originally Posted by askyn
Yes I DO thank Prop 13 ! Otherwise any time there was a budget shortfall the first thing they ( government ) would think of doing is raising my property tax....
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Everything comes with a cost.
As a result of Prop 13, CA tax revenue winds up being largely made up of income taxes, sales taxes and other types of revenues that fall in a recession. So while the economy is tanking and the need for government resources increases, tax revenues fall.
Prop 13 isn't single-handedly responsible for the state government's budget crisis, but it certainly hasn't helped. Going after Internet-only retailers for sales taxes, regardless of whether it's justified, won't help much either.