Wednesday, July 9, 2008

LAT glorifies Prop.13

Only days after writing that Prop. 13 should be blamed for Califoria's fiscal woes, the LAT reports this morning that it is a stabilizing factor and accounts this year for increased property tax collections in a down year for real estate. Kudos to the LAT for reporting this news. Sadly, they probably wanted to bury it. Liberals hate Prop. 13 because it limits property tax increases.

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