Le Monde

California's Revolutionaries | Le Monde

On the docket: "Proposition 13," the referendum by which the people of California, in 1978, voted to amend the constitution of the state to limit taxes. The text of the referendum caps the property tax to 1% of property value. To raise taxes, there needs to be a super-majority vote of two thirds in the legislature. "California is the only state where it takes a two-thirds majority vote to pass a budget and raise taxes, comments Steven Hill

Steven Hill | November 5, 2009