(I want to welcome SF Assessor-Recorder Phil Ting. In addition to being pretty good at his job, he's also an all-around good guy. Welcome to Calitics! - promoted by Brian Leubitz)
It’s time to acknowledge that the “Third Rail” culture in Sacramento has sent California seriously off track. Most of us know that Proposition 13 – specifically the vast corporate tax loopholes it contains – is the cause for much of California’s fiscal mess. As the elected Assessor-Recorder in San Francisco, I have a vantage point that allows me to see the tremendous inequity in a law that makes many struggling homeowners pay disproportionately more in property taxes than corporations with downtown office buildings. Many of our leaders in Sacramento privately acknowledge the flaws in Proposition 13. A small few are brave enough to step forward and call for reform. But too many others say that this “Third Rail” of politics needs to remain untouched, so instead they offer half solutions and political smokescreen as a substitute for real reforms. Edit by Brian for space, see the flip...
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