6 ms·
If Prop 13 were limited to primary residence OR to those aged 65 or older, or had means testing, that would make a lot more sense. Of course, somebody decided
by batbomb 12y ago
If Prop 13 were limited to primary residence OR to those aged 65 or older, or had means testing, that would make a lot more sense.
Of course, somebody decided it would be easy to apply it to everyone, even large commercial properties. The fact that it applies to commercial properties is kind of insane.
http://www.sfgate.com/news/article/Bill-to-close-Prop-13-loophole-gets-rare-mix-of-5490455.php http://www.sfgate.com/news/article/Bill-to-close-Prop-13-loo...
- bmm6o 12y agoIt would seem insane, except that one of the main purposes of the Proposition was to de-fund government. If you weren't around at the time, "drown government in the bathtub" might not ring a bell.