It is quite evident that the state of California cannot cut its way out of the $20 billion deficit it is currently facing. While state-wide politicians seem hesitant to raise the necessary revenue required to run the state at an effective level, it is up to us to raise awareness.
The following link discusses the benefits to closing the prop 13 loophole. Please sign up: www.closetheloophole.com/
Proposition 13 has, since its inception in the late 1970s, shifted the tax burden from commercial properties to residential properties because industrial property tends to change hands less frequently. It is time to tax commercial and residential properties at different values. For example, Disneyland, which has not ever changed ownership, is taxed at about a nickel per square foot.
Additionally, proposition 13 stifles the creation of new small businesses by requiring them to compete against other businesses that are taxed at much lower rates.
On a related note, California is the only state that requires a 2/3rds majority to pass a budget. This super-majority requirement leads to a minority being able to hold the budget process hostage leading to gridlock and economic chaos. The following site intends to work to change the budget process back to a simple majority: www.californiansfordemocracy.com/
Please join these websites and donate money or time to help get the word out.
It is time for change. We need to start raising awareness and pushing our politicians to create a democratic and fiscally responsible budget.