At your request: This week's California Commentary by Jon Coupal
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** California Commentary
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** Hidden agenda in masquerading big bond measure
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By Jon Coupal

In a bit of irony, this March there will be a Proposition 13 on the California statewide ballot. But unlike the landmark taxpayer protection of 1978, the Prop. 13 of 2020 will put taxpayers on the hook for $27 billion.

There’s another big difference between Prop. 13 (1978) and Prop. 13 (2020). The first was the result of a massive grassroots campaign by citizen taxpayers and homeowners striking back against out-of-control property taxes while the fake Prop. 13 was put on the ballot by the California legislature.

Prop. 13 (2020) is a huge $15 billion statewide school bond chock full of hidden traps for taxpayers. First, it reflects typical credit card math by Sacramento politicians because it would borrow $15 billion from Wall Street and then make taxpayers pay it back plus 80% in total interest costs. That’s an additional $12 billion we’ll be forced to pay, bringing the entire bill to $27 billion.

To read the entire column, please click here ([link removed]) .

A note to our valued members and supporters: To increase the reach of our message to as many Californians as possible, HJTA made an agreement with the Southern California News Group papers to carry Jon Coupal's weekly column. The newspapers in the group, including the Orange County Register and the Los Angeles Daily News, have added a paywall that allows only a limited number of page views per month, and then asks readers to become subscribers. HJTA is not marketing these subscriptions or receiving any payment from them. The columns are exclusive to SCNG's papers for one week and then are posted in full on HJTA's own website, www.hjta.org, under "California Commentaries," where you can read them at your convenience. Thank you for your understanding.

For your convenience, here are links to the opinion pages of all the SCNG papers:

www.whittierdailynews.com/opinion
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www.dailybulletin.com/opinion
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www.redlandsdailyfacts.com/opinion
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www.sgvtribune.com/opinion ([link removed])
www.ocregister.com/opinion
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www.pe.com/opinion
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www.dailynews.com/opinion
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www.pasadenastarnews.com/opinion
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www.sbsun.com/opinion
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www.dailybreeze.com/opinion
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www.presstelegram.com/opinion ([link removed])
Jon Coupal is the President of the Howard Jarvis Taxpayers Association (HJTA). He is a recognized expert in California fiscal affairs and has argued numerous tax cases before the courts.
HJTA is totally dependent on the voluntary support of California taxpayers.
Please consider a donation now to help us continue our work on your behalf.
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