California's tax revolt ebbs
Voters in California led the national revolt against high taxes two years ago by overwhelmingly passing Proposition 13, which slashed property levies in the state by an average of 57%. The vote made something of a folk hero out of Proposition 13's coauthor, salty septuagenarian Howard Jarvis. Now Jarvis has written Proposition 9, which would cut state income-tax rates in half, and succeeded in placing it on California ballots for a vote next Tuesday. But this time he seems likely to demonstrate only that anti-tax sentiment has its limits,...
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