TAX REVOLT!!!

Thursday, May 21, 2009 \AM\.\Thu\.

Bear Flag Republic 

California often is a trend setter for the nation, for good and ill.  In 1978 the passage of Proposition 13 in California which capped property taxes presaged a national movement against high taxes which helped sweep Reagan and the GOP into power in 1980.  On Tuesday California voters rejected by better than 60% five ballot propositions which would have resulted in higher taxes, the raiding of special funds for general budget purposes and the selling of future lottery proceeds.  Here is a good analysis, albeit from a Libertarian perspective, of the ballot propositions that went down in flames.  The only ballot proposition to pass, politicians everywhere take note!, by a 73%  vote,  would prevent salary increases for legislators and statewide officials during deficit years.

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