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by RestlessMind
1272 days ago
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> Notice that prop 15 lost by 4% And it targeted only commercial and industrial properties, with proceeds going to education and local govt funding. That is, as sympathetic setup as it could be. It didn't touch any residential homes, neither primary nor secondary nor rentals. And it still lost. > it is good for the 52% of the voters that own a home It seems you didn't read what prop 15 was about. If it included homes, the vote against it would have been much higher than 52%. |
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> If it included homes, the vote against it would have been much higher than 52%.
Source?
No matter though. Even if 70% of voters support prop 13 it's still the wrong policy in the exact same way 70% support for enslaving minorities is. Laws that exist solely to siphon money from poor people to rich people are bad. Doubly so when they destroy economic value to the extent prop 13 does.