News reports indicate that some progress has been made on the California budget meltdown. That said, the headline notes that “the thorniest issues remain.”
Meanwhile, the liberal Los Angeles Times continues with its attacks on Proposition 13. It’s just not true. Dan Walters of the Sacramento Bee penned a column that demolishes that argument. An excerpt:
Dave Doerr, chief consultant to the California Taxpayers’ Association and a leading expert on taxation, has calculated that commercial property subject to local assessment by Ting and his colleagues in other counties is actually bearing a slightly larger share of the property tax burden than it did 30 years ago – and, interestingly enough, residential property’s share has also been rising.
I hope for a quick solution but I’d like a solution that’s real and not paper windowdressing. We’ll have to wait and see what comes from Sacramento.