Comments on: Prop. 13 Circuit Breaker Halts Tax Losses https://calwatchdog.com/2011/07/08/prop-13-circuit-breaker-halts-bigger-tax-losses/ Fri, 05 Jun 2015 14:01:51 +0000 hourly 1 By: o'moore https://calwatchdog.com/2011/07/08/prop-13-circuit-breaker-halts-bigger-tax-losses/#comment-116866 Fri, 05 Jun 2015 14:01:51 +0000 http://www.calwatchdog.com/?p=19853#comment-116866 In reply to SkippingDog.

Since prop XIII, the sales tax has increased by about 5%, income taxes by 5% and prop 218 fees(the prop XIII loophole) by hundreds of billions, yet critics of Prop XIII want to keep that increase and still argue that prop XIII is the reason that govt. can;t afford 90% of salary annual pensions.

]]> By: Rex ther Wonder Dog! https://calwatchdog.com/2011/07/08/prop-13-circuit-breaker-halts-bigger-tax-losses/#comment-5685 Mon, 11 Jul 2011 23:49:42 +0000 http://www.calwatchdog.com/?p=19853#comment-5685 If it weren’t for Proposition 13, we’d probably have a decent rainy day fund at the state and local levels and not be facing a papered-over budget deficit this year.

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No, we would still not have a “rainy day fund”.

What we would have is GED cops like you with $400K comp packages instead of the $200K they have today-without overtime.

]]> By: SkippingDog https://calwatchdog.com/2011/07/08/prop-13-circuit-breaker-halts-bigger-tax-losses/#comment-5684 Sun, 10 Jul 2011 03:42:23 +0000 http://www.calwatchdog.com/?p=19853#comment-5684 If it weren’t for Proposition 13, we’d probably have a decent rainy day fund at the state and local levels and not be facing a papered-over budget deficit this year.

There’s no reason Proposition 13 should apply to anything other than residential property, since that’s how it was sold to the electorate in the first place. Grandma still won’t lose her home and we wouldn’t have gutted the very things that once made California such a nice place to live.

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