D.E.Bishop wrote:
Now to give you my opinion why the fines are so steep in CA, we passed Prop 13 decades ago and for good reason. Extrapolation from the time of the passage of 13 to today, our property taxes would be well over $15,000 dollars a year instead of $1500 today and that is in 1970 dollars. At least that is what my CPA said to us when we had our taxes done this year. It is true that the politicians in CA today feel that the Federal Government should follow CA's guidelines for everything after all they are all knowing. .
Perhaps wiser spending/ fiscal policies back then would have helped prevent this need for prop 13?
bumpy