Quote:
Originally Posted by Jim Richards
It's a tax subsidy borne on other taxpayers backs. Property tax covers more services than schools. Besides, the schools contribute to your home's property value (at resale), whether your family is currently using the schools or not. Every homeowner in CA would, in theory, pay less taxes if this subsidy was abolished.
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Far from the truth. There's a mandate on tax that it MUST be X percent. My City has a revenue problem. THEY CANNOT SPEND ALL OF THEIR REVENUE QUICK ENOUGH.
Cerritos Millennium Library - Wikipedia, the free encyclopedia They spent MILLIONS building the second building in the world that is covered in TITANIUM! They had to spend 1 million bucks to prevent the State from getting it so they landscaped 1 freeway off ramp.
The more Tax revenue they get they will spend it.