Tuesday, January 27, 2009

Something You'll Never See In California

At the risk of this blog becoming an advertisement for the state of Nevada, I'm here to alert you to an astonishing development east of the border.

This morning, I received an email indicating that Washoe County -- where Reno and the Nevada side of Lake Tahoe are located -- has decided to lower its assessed property valuations by 25 percent across the board. So, without any action on the part of homeowners, property taxes will automatically be reduced 25 percent this year.

Yes, I realize that such a thing wouldn't work in California because of Proposition 13. And, I know a homeowner in California can petition to have their house reappraised. But that's not the point.

The point is that there actually are places in this country where sufficient fiscal discipline has been exercised to permit reasonable reductions in taxes to compensate for the poor economy.

An across-the-board tax cut does just this. And, you can bet that Nevada will balance that with reasonable spending reductions to keep their budget balanced.

So, what will we do with the $1,000 in property taxes we won't have to pay in Nevada this year? Maybe we can put it toward hiring a private security patrol to compensate for Oakland's refusal to adequately police our neighborhood.

But, more realistically, we'll earmark it to pay for the next ridiculous tax increase we can expect from Mayor Dullums. It'll be sad to see Nevada's money wasted on more make-work programs for "violence reduction."

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