Dynamist Blog

Prop. 13, 30 years later

Dan Weintraub of the SacBee has a clear-eyed take, well worth reading. I could certainly design a much more rational fiscal system than California's, and it wouldn't include Prop. 13, but the politically likely alternatives to the current system--essentially more taxes on everyone and everything--would be much worse. The one thing Dan doesn't mention directly is the anti-development incentives Prop. 13 creates for local governments. (The exception is retail development, which generates sales taxes.)

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