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Articles Tagged: "Tax Revolt"

Tax Revolt

Homeowners' Rebellion

The great American tax revolt is brewing again, not inside the Washington Beltway but in cities across the country. Minnesota, Michigan, New Jersey, Connecticut, Arizona, Virginia, Florida -- all have voters trembling with agitation against high and rising levels of taxation.  Read more >>

Filed Under: News

Another assault on Prop. 13

Freshman Democrat Assemblyman Jared Huffman of San Rafael wants to make increasing property taxes easier.  Read more >>

Proposition 13: A Look Back

In the Beginning, there was Proposition 13.

On June 6th, 1978, nearly two-thirds of California's voters passed Proposition 13, reducing property tax rates on homes, businesses, and farms by about 57%. Now, according to the newly amended state constitution property tax rates could not exceed 1 percent of the property's market value and valuations couldn't grow by more than 2% per annum unless the property was sold.  Read more >>

Proposition 13: Love It or Hate It, Its Roots Go Deep

Introduction

California continues to face one of the most serious crises in the state's public finance history, and proposals are likely to surface in the Legislature or via the initiative process that would overhaul the way taxes are imposed on individuals, businesses and property owners, both residential and commercial. This research bulletin, the first in an occasional Cal-Tax series on public finance issues, examines California's property tax system. It highlights the strengths of acquisition-value assessments and projects the ramifications of possible changes to the system established by Proposition 13.  Read more >>