So What The Hell Is Going On With Prop 13?

The one thing that really annoys liberals in the State of California is that there is one tax category that we do not lead or nearly lead the nation in.  Keep in mine that 'lead' means the worst rate for you.  That category is 'Property Taxes'.  If you are retired or you simply live in a home that's paid off, Proposition 13 and it's limits on taxes may be the only feather in your hat and may just be the only reason you are still sticking around a state with near 13% unemployment and little good news coming down the economic pike.  

So when Jerry Brown immeidately took aim at massaging Prop 13, well, you can imagine the happiness from the left.  But first - a wider view of the tax picture for the once 'Golden State':

'California's 2011 Business Tax Climate Ranks 49th'  (Only New Jersey is worse)

'California's Top Individual Income Tax Rate Is 4th Highest in the Nation'

'California's Corporate Income Tax Rate is the Highest in the West'

'California's Sales Tax Rate Is Highest in the Nation'

'Property Tax Collections Slightly Below Average'

That last one is exactly what angers the left in California. So just how cheap are the property taxes in California?  Well, we pay an average of $1,000.00 more than the average American on property taxes per capita.  Aint that a bitch.  So here is the lefts argument: We are cheating our schools because our tax burden per value of home comes out near the middle of the pack. 

  

The left viewpoint is:

The hugely popular Proposition 13 has had a cascade of unintended consequences.

Are they right?

No.

What might you do to cling to the last manageable tax burden in the state?

In reality... probably nothing.  But you can join this Facebook Group:

Best wishes.