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re: California just revealed a $54.3 billion deficit — signaling deep cuts ahead

Posted on 5/7/20 at 10:52 pm to
Posted by Zappas Stache
Utility Muffin Research Kitchen
Member since Apr 2009
38909 posts
Posted on 5/7/20 at 10:52 pm to
Need to repeal Prop 13.
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
71797 posts
Posted on 5/8/20 at 6:59 am to
quote:

Need to repeal Prop 13.


That would lead to massive spikes in property taxes which in turn will cause a bigger wave of foreclosures than 2008.
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