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by bertil 3644 days ago
Prop 8, officially titled Proposition 8 - Eliminates Right of Same-Sex Couples to Marry, was a statewide ballot proposition in California. On November 4, 2008, voters approved the measure and made same-sex marriage illegal in California.

On June 6th, 1978, nearly two-thirds of California's voters passed Proposition 13, reducing property tax rates on homes, businesses and farms by about 57%. The Environment Prior to Proposition 13. Prior to Proposition 13, the property tax rate throughout California averaged a little less than 3% of market value.

2 comments

The interesting thing about Prop 8 is, a few years later, the outcome of the vote has been totally reversed, same-sex marriage is the law of the land, and it now has solid majority support. The will of the people can change in a short time. You could imagine a similar outcome for the Brexit vote, if it weren't such a permanent change.
The most salient and controversial facet to Prop 13 wasn't the immediate rate change, but the cap on increases when a property was continuously owned.
To me worst part wasn't the cap itself - I think it's fair for residential properties, but that it was also applied to commercial properties.