The Marxists Want More Taxes
- To Democrat Socialists there will never ever be enough money to satisfy the "needs" of different voter blocks. The question of the day is do Republicans have any back bone at all to stand up against the endless calls to re-distribute the wealth?
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|Telling the Marxists to shove it|
Howard Jarvis and Paul Gann were the most vocal and visible advocates of Proposition 13. Officially named the "People's Initiative to Limit Property Taxation," and known popularly as the "Jarvis-Gann Amendment," Proposition 13 was listed on the ballot through the California ballot initiative process.
By Proposition 13, the annual real estate tax on a parcel of property is limited to 1% of its assessed value. This "assessed value," may be increased only by a maximum of 2% per year, until and unless the property has a change of ownership.