California Homeowners: ‘Not In My Backyard’

In 1978, California passed proposition 13. The amendment was supposed to stabilize the property taxes by ensuring homeowners that their taxes wouldn’t increase by more than 1% each year and keep Californians in their homes over rising property values, but the tax code decreased the amount of revenue that the local government collected. These new tax codes are exactly why California isn’t as liberal as one would think.