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Posted by: frctm5 6 months, 1 week ago
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frctm56 months, 1 week ago
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No, this is the result of the Jarvis Gan initiative that restricted property tax valuations. Income taxes are more unstable than property taxes in economic downturns and more subject to the mood swings of the economy. People who purchased property before 1978 enjoy a much lower rate than those who purchased after that date. There is no equity with respect to payment rates of property taxes as some people have artificially low rates while others are inflated. What they need to do is change this inherently unfair mechanism and allow taxes overall to average to a more reasonable amount for everyone and increase to a level that the state can cover its bills. The Jarvis Gan initiative was considered a conservatives revolt against taxes with its predictable result.
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b-happy6 months, 1 week ago
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This is also because we give free medical to illegal immigrants and also house them in our prisons. On top of that the idiot Gray Davis taxed the big businesses out of this state. Even further is our government failed to see how any of this might leave them with less money to spend. It's called a budget you idiots. Learn how to BUDGET and NOT SPEND.
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