In response to Dick Turpin's column on the current unfairness of Proposition 13, I want to repeat his statement that "It saved thousands of California homeowners from being taxed out of their homes."
When someone paid $10,000 for a home, there was no way they could afford to pay taxes on a $100,000 home. When someone pays $100,000 for a home, they know what their tax bill will be for as long as they own the home. They are not in danger of being taxed on a $250,000 home just because of inflation or improvements to the neighborhood. They also are protected by the current law from any big surprises.
