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To: econjack
Proposition 30 was sold to the voters as "this won't cost you a dime, but it'll make the rich pay their fair share to put our schools back in shape."

How much is enough for the schools?

34 posted on 11/19/2012 7:28:56 AM PST by SMM48
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To: SMM48

Property taxes are a horrible tax. It meets neither criteria for taxes: Benefits Received or Ability to Pay. Like any other “free good”, people buy too much of it when the price is free or unknown. I’d like to see each property tax person get a credit equal to the property taxes they pay. If it costs $20,000 per student for schools and you pay $5000 in property taxes, you still owe $15000 for your first kid in school. If I don’t have any kids in school, I can give my voucher away or sell it to the highest bidder. That way, you don’t force retired people out of their homes and having 10 kids all of a sudden becomes a little more expensive.

Of course this will never happen, but anything we can do to show the true cost of “free goods” is a good thing.


37 posted on 11/19/2012 7:38:17 AM PST by econjack (Some people are as dumb as soup.)
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