California Proposition 13
A 1978 cap that anchored taxes but starved revenue and locked people in place.
D · 11/24
1 · The idealist case (in its proponents' own framing)
Cap assessments to protect homeowners from tax spikes.
2 · The realist counter-case
Critics cite lock-in and revenue loss.
3 · Predicted vs. measured — with caveats
Cut revenue ~53% immediately; ~$1T+ forgone; NBER documents mobility lock-in; pushes cost into impact fees.
4 · Liberty check
Protects owners' tax certainty at the cost of equity and revenue.
5 · The real tradeoff
Popular and consequential - a cautionary classic.
Allies & Playbook
If you want to copy this, start here.
No individual sponsor record is catalogued for this policy yet. Start with the primary sources below and the Allies directory.