In 1978, anti-taxation extremists managed to get a California ballot measure, Proposition 13, passed, and with it, they managed to effectively end the ability of cities to provide services to their residents, by capping property tax at 1% of their cash values, and limiting property tax increases to the lower of the annual inflation or 2%.
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Last year saw a wave of teachers' strikes across America, but mostly in red states where public education has been starved of funds, putting teachers on starvation wages, subjecting kids to dangerous conditions, and stripping schools of resources and even putting schools on four-day weeks.
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Bruce Bartlett served in Reagan's White House as domestic policy adviser and was an aide to Rep. Jack Kemp [R-NY], co-sponsor of the Kemp-Roth bill, which turned Reagan's campaign tax promises into law in 1981. Read the rest
They Live, the classic critique of Reagan-era greed, gets updated context in this overview. As John Carpenter says in the video, "Right now, it's even more true than it was back then." Read the rest
In 1978, California ballot initiative Proposition 13 capped property taxes at 1% of assessed value and increases at 2% per year, creating a massive hole in the ability of cities to fund their operations, which has only been partially plugged by hiking sales taxes and utility rates, regressive moves that disproportionately shift the burden of civic services to low-income households. Read the rest