Re: Prop 13 and California's Budget Problems
Posted by: questions on 6/29/09
On 6/28/09, Terri wrote:
> On 6/28/09, solution response wrote:
>> Yeah....I guess 5% is harsh. But I know other states have higher
>> property taxes....how do they survive?
>
> My response to the proposal that property taxes in CA be increased by 5%
> every year would add up to quite a lot over a period of time.
>
> People survive the higher percentage of taxes in other states because the
> cost of homes in the states that have a 5% + property tax are worth less
> than California property, and the taxes on those properties are not
> increasing each year by 5%.
California has the 7th largest economy in the world. Why are we in such an
economic mess? How can 46 other states pay more per pupil for public
education than California? How do states like Oregon, that has NO sales tax,
pay their bills AND fund their schools? I don't get it.