Professor Joel Fox on "The Terms of Surrender in California’s Tax Revolt" | Wall Street Journal

October 26, 2016  | 1 min read

The Terms of Surrender in California’s Tax Revolt

The state with Prop. 13 has at least three tax hikes on the ballot this year, and more are in the works.

By Joel Fox | October 26, 2016 | Wall Street Journal

Ronald Reagan noted in his autobiography that California voters set a “prairie fire” across the U.S. in 1978 when they passed Proposition 13, which cut property taxes by about 57% and made it more difficult for legislators to increase taxes. Read more.