Vote for these Nov. 2, 1993
PROPOSITION 168 - NO
Low Rent Housing Projects.
PROPOSITION 169 - NO
PROPOSITION 170 - NO
If you, as a California Voter, are tired of housing costs eat up your paycheck, vote NO on Prop. 170. Whether you are a tenant or homeowner, current state law protects you to some degree from the voracious appetite of the property tax collector by
requiring a two-thirds vote a super majority (66 %) vote to pass local tax increases. These taxes fall directly on homeowners, but tenants also get them in the form of “pass-through” rent increases. Prop. 170 would change the law to require only a simple
majority (50% +1) vote to increase property taxes.
Who wants to see Prop. 170 pass? Developers, local bureaucrats and the “gang of thieves” in Sacramento. Developers like it because it shifts the burden of paying for new schools, (schools they must include in their projects, to service the neighborhoods
they are developing), from their shoulders to the shoulders of current property owners. Local bureaucrats and Sacramento spendocrats like it because it makes it easier for them to squeeze money out of taxpayers. We do not need to make passing taxes any
easier in California. Over the last five years, 42% of all local general obligation bonds on the ballot passed with a 2/3 vote. That is more than enough! Between 1990 and 1992, California lost 700,000 jobs due in part to high state and local taxes.
During this same period, our state and local governments added 8,000 members to their ranks. It’s time to tell the spendocrats ENOUGH is ENOUGH.
PROPOSITION 171 - YES
Property Taxation. Transfer of Base Year.
PROPOSITION 172 - NO
(See Analysis this page at left.)
Local Public Safety Protection and Improvement Act of 1993.
PROPOSITION 173 - NO
Housing and Jobs Investment Bond Act.
PROPOSITION 174 - YES
(See Analysis This Issue)
F.E.C. ID #C00278333