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Books > Business & Economics > Finance & accounting > Finance > Public finance > Taxation
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Tax Revolt - Something for Nothing in California, Enlarged Edition (Paperback, 2nd edition)
Loot Price: R1,323
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Tax Revolt - Something for Nothing in California, Enlarged Edition (Paperback, 2nd edition)
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A tax revolt almost as momentous as the Boston Tea Party erupted in
California in 1978. Its reverberations are still being felt, yet no
one is quite sure what general lessons can be drawn from observing
its course. This book is an in-depth study of this most recent and
notable taxpayers' rebellion: Howard Jarvis and Proposition 13, the
Gann measure of 1979, and Proposition 9 (Jarvis II) of 1980. The
people of California, speaking directly through referenda,
redirected their state from an intense and expensive concern for
the welfare of its citizens to a far more circumspect role. The
sequence involved cutting property taxes, limiting tax growth, and
then rejecting a state income tax cut. Why did Californians vote to
lower some taxes and not others? How fundamental is the American
disposition toward tax revolt? Will it happen again? The authors
consider a variety of partial answers: the self-interest of certain
groups, the apathy of others, the role of party affiliation, the
specter of symbolic racism, the meaning of mass mood surges. The
interplay between class politics and symbolic protest embodied in
the California Tax Revolt has since spread to other states-for
example, Proposition 21/2 in Massachusetts, which lowered property
taxes-and has reached the federal level. President Reagan, with
Republican and conservative Democrat support, has enacted major
spending cuts and long-range tax relief. The new revolutionary
strand in the fabric of the American political culture appears to
be strong.
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