Aroused California voters confront a beguiling proposition
Rising taxes are a burning concern all over the U.S. In California, they are nothing less than an obsession, and small wonder. Already saddled with one of the highest state income taxes in the nation, many Californians were hit last week with new assessments on their homes that could send real estate taxes soaring by more than 100% in many cases and in some instances by an incredible 1,000% or more. The dizzying increases will mean a drastically reduced standard of living for most property owners; many...
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