Andres Medina Mr. Williams History - 1A 05/17/18 U.S History Research Paper The state of California is a very costly state, one of the expensive places to live yet the land and property is solidly good. However in the 70’s a vote was made to reduce property taxes which everyone agreed, even the U.S Supreme Court declared it constitutional in 1992. The Proposition 13 that California passed help people in the state, and the state itself, socially, economically and politically through the reduced taxes on property. The maximum amount of any ad valorem tax on property would not exceed 1% of the full cash value of the property being bought. The proposition made restrictions at not letting over 2% increase occur per year, that it should’ve stayed …show more content…
The trade association argues that this is because new homes are assessed at the valued they were first sold. Additionally, due to the higher cost of new houses, parks, or other kind of complexes, the trade association makes proof that new residents are more affluent and may provide more sales tax revenues and use less social services of the host or member of whoms community. Proposition 13 remains popular amongst California's likely voters, who are mostly house owners. Among likely voters, 53 percent described Proposition 13 as “mostly a good thing” while 33 percent responded that it was “mostly a bad thing” in a 2006 Public Policy Institute of California survey. For adults who are not likely voters, Proposition 13 was unpopular. Only 29 percent approval to 47 percent disapproval and among California adults, overall approval was 47 percent approval to 38 percent disapproval and periodic newspaper accounts report high voter …show more content…
It made the government acknowledge this and remove the cost of even building homes. The prices stayed about the same, it was just made to be easier living in the state of California. It also helped the state because the publicity it called made citizens move out to the West and buy a home for longer. With the proposition, many became entitled that the homes would remain lower price with annual taxes and would not have to worry about their taxes hitting over the 2 percent max. However, this meant when it came to sell or move out of a house the price was quite low whereas others would pay less and more so with the proposition. People of the state declared voting against it as for them, it would not assist them in selling property. Major of the people already in the state of California approved and agreed as the taxes were already high so to them it was plain luck hitting them in the face. And if they had no reason to move for years to come, they wouldn’t have to worry about the proposition even more. This didn’t affect government taxes either as with the huge influx of people that combined it made the same or a little less than what California was making before. People starting migrating and California’s proposition was working out for the people and the