Back in 1978, 65 percent of Californians voted for Proposition 13, which capped residential and commercial property tax increases at two percent annually. That change, along with the proposition’s mandate that future tax increases pass with a 2/3 vote, have reshaped California’s economy and politics. Forty years on, we’ll discuss the legislation’s history, impact, and the ongoing efforts to reform it.
Related Links:
The Block That Prop 13 Built (SCPR.org)