Arthur Blaustein: California’s Folly — Prop. 13 - Truthdig
I thought then, and am firmly convinced now, that the key elements in the proposition—the taxation formula and the two-thirds legislative requirement—would be responsible for causing a fiscal and social disaster. These two requirements have in time helped to lead the state into financial bankruptcy and created a dysfunctional state government. And the social consequences that I predicted then and which are all too apparent now are a race to the bottom in education (from K through our highly esteemed university system); public health; social services; public safety; arts, libraries and culture; and infrastructure development; as well as crippling the ability of local governments to provide basic amenities.
I agree with Blaustein. Add to this the fact that common interest housing has proliferated in California and elsewhere as local governments struggled to find the revenues they lost with property tax caps. Double taxation: breakfast of champions.