A new proposition for the calculation of the property taxes based on the unusual appreciation of the property values over the last few decades since June 6, 1978, when Proposition 13 was initiated, needs to be amended. Currently, Today, Proposition 13 is lopsided and needs to be AMENDED for NEW Property Owners as well as for those home owners paying property taxes on inflated values. It is UNFAIR for NEW property owners and existing to be subject to the rates.

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