Citing the inequity of the property taxes he pays on his homes in Omaha, Neb., and Laguna Beach, Buffett said the California cap on property taxes imposed by Prop. 13 “makes no sense.”
Prop. 13 passed 25 years ago with 65 percent of the vote, and an entire generation of Californians believe that voting for the measure is the best single vote they’ve ever cast. The proposition rolled back property taxes and limited their annual increase to 2 percent.
- 2003 SF Chronicle
This is what has happened in Washinton State - the wealthy with their large houses and palacial pools, cars and ocean views have apprehended all recent attempts to raise tax, to fund education and to give a better life for children of the state. As Stephen Pierzchala says:
My kids were going into the highly underfunded, if not malnourished and dying, system of non-education in California that resulted from one of the greatest breeders of inequity in the modern world — Proposition 13.
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