We have much to be thankful for this year. One of those things is the defeat of Proposition 5, which would have made it easier to raise property taxes. Affecting homes, apartment buildings and commercial real estate, Prop. 5 would have burdened Californians with a higher cost of housing and a higher cost of living. We can all be grateful that voters resoundingly said no to that. It is also a good reminder of why we Californians should be thankful for Proposition 13, the 1978 initiative that put sensible limits on increases in property taxes and put those limits into...