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Posted on 7/6/19 at 8:12 am to nateslu1
California back then was great and alot less taxes. Liberals destroyed California.
Posted on 7/6/19 at 9:36 am to nateslu1
7:00 mark is the moment California said no more
Posted on 7/6/19 at 9:53 am to johnnyrocket
quote:
California back then was great and alot less taxes. Liberals destroyed California.
In 1978 Californians passed Prop 13, the most (in)famous tax revolt initiative America has ever seen. For people who owned or purchased real estate over the next 20 years, it was (has been) amazing. But it led directly to the situation we have now. The law greatly encourages people to stay in place, and to pass their houses to their children, because the tax benefits go on. That's why there's so little "inventory" on the market, contributing to the astronomical market we have now. Also the homeowner-class citizens are preventing the building of enough housing to accommodate the growth in population. So if you're a young person who wants to establish their life in California, you can blame tax-revolt Boomers for that miserable feeling that you might not ever own a home here.
I just read an article that analyzes the total tax burden on individuals, including income tax, other payroll taxes, real estate taxes, gas taxes, etc. You would be very surprised how high California ranked (in lowest tax burden), mostly due to low real estate taxes, and you'd be surprised by how low Texas ranked, also due to real estate taxes. I'll start a thread on it today or tomorrow.
Posted on 7/6/19 at 10:00 am to LaBR4
A wise use of taxpayer dollars
Posted on 7/6/19 at 10:17 am to nateslu1
quote:
To a simpler day and time
White people back then were so dumb. Nothing but hippie trash listening to musical racism.
You really want hippies again? srsly? those people are the reason cali went to s bro.
Posted on 7/6/19 at 7:28 pm to nateslu1
quote:
To a simpler day and time
Who would have thought on that day, they died a little over 3 months later.
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