Santa clause

Kinsley, Michael
March 1992
New Republic;3/30/92, Vol. 206 Issue 13, p6
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.


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