Amused
Elite Member
- Apr 14, 2001
- 57,547
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Reducing property taxes is part of what put California in the budget problems it is currently in. Prop 13 limited the yearly increases on property taxes, and made it much more reliant on income taxes as a result. With the drop in income taxes (because of the generally poor economy for the past couple of years), California just hasn't been able to collect as much as it projected.
Oh BS! Prop 13 stopped the percentage increase in property taxes. It did NOT stop the increase that comes as property values increase and increases in the number of property owners, thus property taxes will rise with inflation and need for services. What does this mean? It means that unless you increase spending with more programs, there is NO NEED to raise taxes on anything else.
It always amazes me how liberals completely misunderstand how taxes work. They are a %, not a fixed fee. Therefore there is NO EXCUSE for raising them. NONE. As inflation and property values rise, so will the revenue. The ONLY reason to raise the % rate is to cover extra spending. Therefore if your population demads no tax increases, you obviously cannot raise the spending levels by adding more and more social programs.
