No one is obligated to be a sucker. The whole point of taxation is that it's a collective enterprise: I'm willing to pay my taxes for the common good as long as everyone else is doing it too. But until then, there's no reason that I should impoverish myself (or my constituents) while everyone else is merrily taking full advantage of current law. Fairness matters, and that ain't fair.
I think Prop 13 is ridiculous, should be repealed and is the main reason California is perpetually lurching between financial crisis in spite of having an economy that would be the envy of many other countries, let alone states.
But as long as the shortsighted and greedy insist on making it the Third Rail of Cali politics, I'm gonna pay on the appraised value this place had when mom bought it back in '93.
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