Last login: Wednesday, February 24, 2010
Losing prop 13 protection in California would probably generate greater loss of homes than we have seen as a result foreclosure crisis. If my property tax was any higher, I could not stay in my home.
No one has mentioned that when a person improves a home, the property tax is raised. The tax goes up each year anyway, but it does not reflect the often out of control increases in property values.
And what about all that money we were supposed to get from the Lottery? Remember, "Our schools win too"?
February 24, 2010 at 10:19 a.m.
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