We need to tax the oil companies. There is no way the working and middle
class can afford to pay more property tax. We have seen the greatest transfer
of wealth from the working class and middle class to the rich over the last 30
years -it is time for them to pay their fair share.

n 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%.

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