Laura Wells Laura Wells for Controller

Prop 13: Keep the good
           — fix the bad

Prop. 13 in 1978 was promoted to California voters as a way to reduce taxes and to stop fixed-income seniors and others from losing their homes due to escalating property taxes. Since then, the bulk of the "tax relief" goes places the voters never intended--giant corporations. Corporate properties are rarely re-assessed since corporations don't die and seldom sell. Corporations benefit again when cities, now relying more on sales tax than property tax, compete with neighboring towns to bring in "big box" stores, stadiums, and other commercial developments rather than build houses or leave open space. Even wealthy neighborhoods lose.

Although lucky for the corporations, "Prop 13" was unlucky for the rest of us and especially for the first-time home buyer--our next generation.

Join with the Green Party in keeping the good and fixing the bad. Green is not only the color of trees, but it is also the color of healthy finances, and a healthy future.


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Paid for by Laura Wells For Controller   PO Box 16025 Oakland CA 94610   FPPC# 1283378