California Budget Crisis Brings Prop. 13 Critics to the Fore
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Silicon Valley Mercury News: Get ready for another assault on Proposition 13. In the wake of California's budget wars, one advance party has already secured a Web site and a Facebook fan page and is issuing Twitter feeds from the front lines. Proposition 13 is the 1978 law that rolled property assessments back to 1975 levels and capped both the annual increase in assessed value and the tax itself. The state's budget crisis is prompting another review of the popular measure. Several groups, including the nonprofit California Tax Reform, and a campaign recently started by San Francisco Assessor Phil Ting, are leading a charge to change Proposition 13 to extract more taxes from commercial property owners. "I don't know how we can talk about reforming the California budget without reforming Prop. 13," Ting said. "There are so many people who are frustrated with Band-Aid solutions to the budget. We are not solving any problems." He said that changing how commercial property is taxed could immediately raise $7.5 billion in revenue for the state's empty coffers.
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