"The problem began in 1978 with the passage of Proposition 13....
No, the solution began in 1978 with the passage of Proposition 13."
I agree. That was a dumb statement in the article, to blame things on Prop 13, which cut and kept propoerty taxes reasonable. Of course they are still getting plenty of revenue from property taxes now that property values skyrocketed and there are a lot of sales. All the new owners are paying taxes based on their current sales price.
Your continued misrepresentations of Prop 76 as "cutting taxes" or "cutting spending" or "eliminating formulas" and saying that anyone who voted against it is a Democrat are getting really, really tiresome!
Prop 76 had some good things--and LOTS of bad things. It did not reduce spending, and it did not eliminate the Prop 98 formulas and it had NOTHING to do with taxes. It was a deceitful proposition that authorized more debt and bonds.
"The key is not to crank government spending down," said Tom Campbell, Schwarzenegger's former finance director, who left the post to campaign for the initiative. "It's just to spend no more than we have."
San Diego Union-Tribune, October 21, 2005But Campbell said he has looked forward starting in 2006, which is when the measure would take effect, and doesn't believe that the cap would have an impact on state spending until 2013. "That's because we start with three good years of revenue behind us," he said. "It completely depends on what year you start."
San Francisco Chronicle, October 22, 2005Gov. Arnold Schwarzenegger and his team insist schools won't lose money... "It actually increases education funding when the economy is down, that is unequivocal, that is without debate," said Tom Campbell, the governor's financial director. "Then when the economy is doing well, the legislature could put the money back in or not. It's up to the legislature. Its not automatic."
NBC11, October 11, 2005]: