Posts Tagged ‘Prop. 13’

Economist called genius by left backs Prop. 13-style wealth protection

Friday, April 25th, 2014
capital

It may seem wonky and obscure now, but I bet it's going to emerge as a strong, enduring counterpunch to Proposition 13 critics. I refer to the fact that French economist Thomas Piketty -- the hottest, in the media sense, social scientist of modern times -- thinks that property taxes that rise in tan...

Split-roll tax bill strikes at Prop. 13

Thursday, April 17th, 2014
Howard Jarvis

  Almost every year in the California Legislature Proposition 13 becomes a target for those seeking higher taxes. The 1978 tax-limitation measure, among other things, requires a two-thirds vote for local tax increases. As budget maneuvers heat up in the Legislature, state Sen. Lois Wolk, D-Da...

Why Prop. 13 is more crucial than ever

Friday, March 14th, 2014
Howard Jarvis

Every year brings attempts to gut Proposition 13, the 1978 tax limitation measure. It limits yearly increases in property taxes to 2 percent of the assessed value, beginning when the property was purchased. The original rate is 1 percent of assessed value. Thus, someone buying a $300,000 condo th...

Underappreciated Prop. 13 fact: It protects vulnerable in housing bubbles

Saturday, September 7th, 2013
prop-13-june-19-1978

As the push builds in Sacramento to undercut Proposition 13 by weakening its limits on how fast business property taxes can increase, it's worth making two basic points in defense of the 1978 initiative -- one of which doesn't get the attention it deserves even from fans of Howard Jarvis' measure. ...

Bills take aim at Prop. 13 tax limitations

Friday, June 21st, 2013

June 21, 2013 By Dave Roberts If you think taxes are already high in California, to paraphrase Ronald Reagan, you ain’t seen nothin’ yet. Winding through the Legislature have been a gaggle of constitutional amendments that would make it easier to raise local parcel taxes. The bills would  lo...

New attack on Prop. 13; may pass Assembly today

Friday, June 14th, 2013

June 14, 2013 By Katy Grimes An Assembly Constitutional Amendment attacking Proposition 13 is expected to be heard in the Assembly today, and some are saying it may even be passed by the Assembly. The Howard Jarvis Taxpayers Association learned only yesterday that Assembly Constitutional Amendm...

Six bills would make it easier to pass tax increases

Friday, May 17th, 2013

MAY 17, 2013 By Katy Grimes SACRAMENTO -- The Senate Governance and Finance Committee on Wednesday passed six constitutional amendments to make it easier for local voters to pass various tax increases on property owners. "California didn't knowingly vote for centralized power," said Sen. Lois W...

N.Y. Times shames Mercury-News on AB 32 coverage

Tuesday, April 23rd, 2013

April 23, 2013 By Chris Reed The fact that no one in the California media besides me has reported that the Obama administration considers fracking no big deal and just another heavy industry is pretty amazing. Obama's picks for EPA chief and energy secretary dismiss environmental alarmism about hy...

Democrats resolved to gut Prop. 13 for businesses

Thursday, April 18th, 2013

April 18, 2013 By Dave Roberts California Democrats are seeking to weaken the protection for business property in Proposition 13, the 1978 tax limitation measure passed by voters. If the Democrats are successful, it could result in an annual $10 billion business tax hike, and over five years a lo...

Lawsuit, bills seek to dowse fire tax

Monday, March 25th, 2013

March 25, 2013 By Dave Roberts It hasn’t been a great year for the California Department of Forestry and Fire Protection. In January, the Los Angeles Times revealed that for seven years Cal Fire has been hoarding a slush fund that grew to $3.66 million. In February, the Sacramento Bee reported t...