California

ailsagirl

(23,864 posts) Sun Sep 29, 2024, 10:16 PM Sep 29

Just received my Sample Ballot and have deep concerns about Prop 5

ALLOWS LOCAL BONDS FOR AFFORDABLE HOUSING AND PUBLIC INFRASTRUCTURE WITH 55% VOTER APPROVAL. LEGISLATIVE CONSTITUTIONAL AMENDMENT

"Fiscal Impact: Increased local borrowing to fund affordable housing, supportive housing, and public infrastructure. The amount would depend on decisions by local governments and voters. Borrowing would be repaid with higher property taxes. (emphases mine).

Taxes are already way too high-- this could mean some people will no longer afford to stay in their homes.

I find this very disturbing.

https://nonewtaxes.com/index.php/2024/09/13/california-should-end-deceitful-bond-elections-before-lowering-vote-threshold/

2 replies

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Just received my Sample Ballot and have deep concerns about Prop 5 (Original Post) ailsagirl Sep 29 OP

That's generally how bonds are paid for, and your source is very right-wing. TwilightZone Sep 29 #1

Are you saying that there's nothing to worry about? ailsagirl Sep 29 #2

TwilightZone

(28,834 posts)

1. That's generally how bonds are paid for, and your source is very right-wing.

Reply to ailsagirl (Original post)

Sun Sep 29, 2024, 10:41 PM

Sep 29

If you want better infrastructure and affordable housing, that's the trade-off.

The foundation behind "No New Taxes" is heavily right-wing. Here are their ratings for various California politicians:

https://justfacts.votesmart.org/interest-group/792/rating/14176

Republicans are mostly 100%. Democrats are mostly 0%. You might want to reconsider your source.

Here's more info on the foundation behind "No New Taxes":

https://www.charitynavigator.org/ein/521155794

https://www.latimes.com/opinion/story/2021-05-07/howard-jarvis-taxpayers-assn-cal-savers-iras

ailsagirl

(23,864 posts)

2. Are you saying that there's nothing to worry about?

Reply to TwilightZone (Reply #1)

Sun Sep 29, 2024, 11:44 PM

Sep 29

If that's the case-- great!!

Thank you for the links.

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