New blog on how property taxes are distributed in #SantaClaraCounty and how #Prop13 turned it into a zero-sum game.

http://www.jisaacstone.com/urbanmountain/taxes/2023/09/10/one-percent.html

@talzag They also voted for #Prop13 which the dominant party would overturn tomorrow if the resistance weren't monolithic.

@chaosmonkey @VeryBadLlama

It's precarious because sometimes greed drives investment which boosts supply of the necessity (the reason socialist housing does not work).

I would:

- Restrict ownership to owner-occupied in impacted urban/suburban zones

- Remove the 2nd home mortgage interest deduction which fails despite attempt in California

- Tie rent control to vacancy rates

- Start with the corporate loophole in #Prop13 which starves school funding

- Blast zoning as linked in my last toot

The crisis is less the obvious problems but vindicated interests in the degrading status quo & a lack of intelligent, cohesive resistance.

https://www.sfchronicle.com/politics/article/Californians-home-mortgage-deduction-would-be-14960585.php

The real cause of the UC strike is Prop. 13, the property tax-payer's revolt of 1978. To support public institutions and services in California, Repeal Prop. 13!

https://en.wikipedia.org/wiki/1978_California_Proposition_13

#FairUCNow #UniversityOfCalifornia #Prop13 #HowardJarvis

@drvolts California local governments are dysfunctional due to #Prop13 revenue restrictions. Local leaders cannot lead; wingnuts ensue.

Hey #Prop13 nerds: you should watch the new #JerryBrown doc. You can watch him capitulate on it.

Are there #Prop13 nerds on here? I am trying to figure out if there actually was a debate between #HowardJarvis and #JerryBrown in 1979 or if the metadata on this image is messed up.