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A comment on The Bay Area’s tech boom in historical and social context. Parent comment

Re:The Bay Area’s tech boom in historical and social context by bigdubs on Friday July 06, 2018 @03:25PM (#17474369)
Some extra color on Prop 13; a more sinister view is that it was a time bomb designed to "starve the beast" and limit tax revenues in the future.
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Re:The Bay Area’s tech boom in historical and social context by jjeaff on Friday July 06, 2018 @03:31PM (#17474416)
California doesn't seem very interested in starving the beast overall. So it seems unlikely the motivation of this prop was that.
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Re:The Bay Area’s tech boom in historical and social context by johnmyleswhite on Friday July 06, 2018 @03:47PM (#17474548)
Prop 13 passed when California was a red state: http://www.latimes.com/projects/la-pol-ca-california-voting-...
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Re:The Bay Area’s tech boom in historical and social context by jjeaff on Wednesday July 11, 2018 @11:28PM (#17511971)
And the prevailing reason for that prop (and the reason it passed) was to keep from pricing the elderly out of their homes. Not "starving the beast".
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Re:The Bay Area’s tech boom in historical and social context by bigdubs on Friday July 06, 2018 @03:40PM (#17474486)
If that was the prevailing opinion, and your goal was to limit tax revenue, you would need to get creative and Prop 13 is just that.
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Re:The Bay Area’s tech boom in historical and social context by claydavisss on Friday July 06, 2018 @04:15PM (#17474752)
What time bomb? California tax receipts showed a $9 billion surplus this past tax year. The state is collecting more revenue than ever.
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