Source brief· Taxes & IRS
Why the fate of California’s wealth tax could be decided well after the election
According to CalMatters: The passage of Proposition 13 in 1978 was arguably the most significant political event in California during the last half of the 20th century. While its primary purpose was limiting property tax increases, it also made raising other state and local taxes more difficult.
Source attribution
- CalMatters
Original source links
- CalMatters: Original source