Sign up for Express
New from the Almanac, Express is an e-edition delivered via email each weekday.
Sign up to receive Express!
Login | Register
Sign up for eBulletins
Click for Menlo Park, California Forecast
TownSquare Forum
(Postings listed from most recent to oldest)
View in an RSS Reader
Choose category to Display:
  ALL CATEGORIES   AROUND TOWN   ATHERTON   FICTION
  MENLO PARK   MOVIES   OTHER TOPICS   PORTOLA VALLEY
  SCHOOLS & KIDS   SPORTS   THE LOCAL DISH   WOODSIDE
  REPORTERS' BLOG

POST A NEW TOPIC GO TO MAIN VIEW RETURN TO HOME PAGE  
Bookmark and Share
Warren Buffet to Jennifer Bestor: Let's share the pain if the Gov gets tough on Proposition 13
Schools & Kids, posted by Editor, The Almanac Online, on Apr 22, 2010 at 8:15 am

Jennifer Bestor didn't know what to expect last month when she mailed a rather whimsical letter to billionaire Warren Buffet about her research on how Proposition 13 has shifted the state's property tax burden away from commercial land owners. His subsequent response has left the Menlo Park mother of a school-age son smiling -- and energized.

Read the full story here Web Link posted Wednesday, April 21, 2010, 11:07 PM

Add a comment | Add a new topic
If you were a member and logged in you could track this topic

Comments

Posted by LVTfan (google it), a resident of another community, on Apr 22, 2010 at 8:15 am

So have we now trivialized a matter of economic justice and treating everyone -- even homeowners -- as if we believed they were fundamentally equal -- into a nice joke about pushups and a proposal to ask commercial landlords (and, I suppose, triple net lease tenants, too?) to make a token charitable contribution to meeting the legitimate needs of the community.

Sad. Very sad.

There are a lot of people who are being subsidized by the provisions of Proposition 13, and a lot of others who are being forced to pay taxes on their purchases and their wages in order to make up some of the foregone public revenue from the most legitimate and just tax base, land value.

This damages the economy. It is unjust and stupid. California's colleges -- with only a few exceptions -- no longer teach economics effectively, so it isn't the fault of the students who in good faith sought answers there. (Someone expressed it as "neoclassical economists are rich people's useful idiots.") Many of those rich people's privileges are protected by this, and all you can talk about is a few "poor" widows. So you continue to endure a stupid and venial tax system, and all you seek to do is nibble at its leaves, rather than finding the root of the problem.

Keep nibbling, and farm out those pushups! You can entertain yourselves nicely! Don't make any radical changes; you might make a difference! Pretty soon, your own children will have graduated, and you will just be able to enjoy your "protection" under Prop 13, and it will be other people's children who suffer.


Posted by Editor, a resident of the Menlo Park: other neighborhood, on Apr 22, 2010 at 8:53 am

This thread is locked to avoid duplicate threads. See

Web Link

for comments on the story.


Sorry. This topic has been locked and no further comments can be posted.
 

AlmanacNews.com   ©2013 Embarcadero Media.
All rights reserved.