The Fiscalization Of Land Use

"Next month marks the 25th anniversary of Proposition 13. Because then-Gov. Jerry Brown and the Legislature failed to deal with the growing revolt against soaring property taxes, voters approved the Jarvis-Gann initiative, slashing property taxes by nearly two-thirds and imposing strict limits on future increases. In the quarter-century since, that failure of state leadership has only been compounded. No serious attempt has ever been made to deal with Proposition 13 and put in place a fair and stable system for paying for California's public services. All we've had is crass opportunism, crisis management and unintended consequences."

Thanks to Larry Segal