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by RestlessMind
1271 days ago
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> That's good for homeowners so they won't repeal it, but it's very bad for the state and everyone else. Homeowners are a big part of the state. "everyone else" must be a small minority. If you think it is a big enough part of the population, feel free to bring a prop to repeal prop 13. My bet is that any attempt to repeal it will lose in a landslide based on what happened in 2020[1] when they attempted a partial repeal. [1] https://ballotpedia.org/California_Proposition_15,_Tax_on_Co... |
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Notice that prop 15 lost by 4%... It is not good for the state as a whole, but it is good for the 52% of the voters that own a home. So now 48% of the state and everyone that wants to move to california is fucked because 9 million people want their home value to keep increasing. They've effectively voted in a law that requires non homeowners to pay homeowners $500 a year and burn another $500 due to lost economic efficiency. Is that good for homeowners? I guess, but it's certainly bad for the state.
If 52% of people in alabama wanted to bring back slavery does that make it the right thing to do?