That is my point, yes. And doing so is essentially impossible. It is popular among property owners, who have a huge interest in defeating any attack on it. (It

That is my point, yes. And doing so is essentially impossible. It is popular among property owners, who have a huge interest in defeating any attack on it. (It was also slightly amusing to see a history-free call for more taxation in that particular rag, given tribal affiliations.) It does drive up housing costs. It also distorts commercial transactions weakens, local control, and generally casts a large shadow over, well, any conversation about taxation and anything taxation touches (like real estate) in California.