Fairness for taxpayers
Article Abstract:
The California Proposition 13 of 1978, which uses the acquisition value of real estate property instead of real estate market prices as basis of taxation, is a fair system of taxation. The tax law is fair to both existing and new property owners. Recent homeowners who bought property of the same value at the same time are treated equally, are given a maximum property tax of 1% and are assured of what their future tax rates will be. Old homeowners benefit because the system does not use fluctuating market prices as basis for taxation.
Publication Name: California Journal
Subject: Government
ISSN: 0008-1205
Year: 1997
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Whither health care reform?
Article Abstract:
California's health care system is in trouble because 7 million residents have no health insurance and the health plans of those who do are restrictive and prescriptive. Over 40% of people in Los Angeles County do not have medical cover. Reform may be achieved by simplifying the administration involved in the existing schemes. Schemes could be merged to offer more choice and removing the stigma attached to welfare schemes. However, any changes have political repercussions and reformers are cautious about what they propose.
Publication Name: California Journal
Subject: Government
ISSN: 0008-1205
Year: 1999
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Flawed reform
Article Abstract:
The California Proposition 13 of 1978 succeeded in its prime objective of providing tax relief to lower income homeowners but at a significant cost. Commercial property owners benefitted most from the real estate property tax reduction which was offset by higher income taxes. The law has also been criticized for its bias against growth in the development of affordable housing and non-retail commercial activities. Local governments were also made to absorb most of the losses in tax revenues.
Publication Name: California Journal
Subject: Government
ISSN: 0008-1205
Year: 1997
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