It's Prop 13's Fault---Property Taxes are UP in L.A.

Joel Fox's picture
Editor of Fox & Hounds and President of the Small Business Action Committee

Everything in California is Proposition 13's fault - how many times have we heard it? But here's one time it's true. Property taxes went UP in Los Angeles County last year ... and its Proposition 13's fault! That's what the Los Angeles County Assessor Rick Auerbach says in releasing property assessments for the county. In fact, the property tax increase exceeded expectations. While 5% was predicted, property taxes actually climbed 6.9% this year. Here's a short piece about it in today's Los Angeles Times.

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