Elections are rapidly approaching, and there are many things to consider. The main one is that the Democrats need three to five more seats in the State Assembly and State Senate. What does that mean? It means that the Democrats will have a two-thirds majority and can pass any tax increases they want.
If this happens, we can kiss Prop. 13 goodbye. It will probably be directed at business first because many feel business is evil and it will not affect them. Wrong! Rental properties — i.e. apartments, mobile home parks and houses — are considered business properties. Property taxes are a major proponent to rent structures. Then when the tax money is insufficient to cover their spending needs, residential housing will be under assault.
We can depend on California to continue spending stupidly, and the heck with the taxpayer. Think very seriously this election, because we will all pay the price for overspending in the way of over-taxation.
I, for one, will be looking at the sponsors of the propositions on the ballot and vote against tax increases.