[Hugh R]

JYL and others, Prop 13, IMHO, didn't hurt CA. Historically since its passage in 1978, the values of houses here were much greater than in all other states. When house prices in LA County averaged over $500K, they were getting plenty of revenues at 1.25% of assessed values. Including turnovers of houses which started paying at new assessed rates. It did freeze property taxes for businesses as well, so places like Disney Studios/Corporate offices have only paid on the 1978 assessed values, plus the assessed value of improvements. I'm not advocating goring someone else's ox over me (business vs. homeowner). CA has a spending problem, not a revenue problem.

Unfortunately, the voters here think voting for bonds is free.