TITLE

Santa clause

AUTHOR(S)
Kinsley, Michael
PUB. DATE
March 1992
SOURCE
New Republic;3/30/92, Vol. 206 Issue 13, p6
SOURCE TYPE
Periodical
DOC. TYPE
Editorial
ABSTRACT
Examines key controversies surrounding the Proposition 13 of 1978 governing property taxation in the state of California. Proposals to put a ceiling on the property tax of one percent of assessed value; Inclusion of a grandfather clause providing exemption from some change in the tax rules; Permission to homeowners over 55 to take their low assessments with them when they move to a different house; View that the method of taxation chosen by California need not be the best choice; Deduction that the net effect of Proposition 13 will not have been to reduce the tax burden.
ACCESSION #
12031247

 

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