Archive for September 21st, 2016

Tax Limitation Measure Still Under Attack


Wednesday September 21st, 2016   •   Posted by K. Lloyd Billingsley at 8:50am PST   •   0 Comments

California’s Legislative Analyst has released Common Claims About Proposition 13, the People’s Initiative to Limit Property Taxation 65 percent of California voters approved in 1978. The LAO examines whether Proposition 13 stabilizes property taxes, discourages new business creation, increases home ownership, and so forth. Prop 13 opponents, primarily government ruling-class types, claim it reduces...
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