Sunday, August 17, 2003

California recall election: "In an interview with The Wall Street Journal, [Schwarzenegger advisor] Mr Buffett hinted that California's property taxes - severely limited by the 1978 Proposition 13 - were too low. Economists say higher property taxes could stabilise state finances, but political pundits see such a move as politically dangerous because it could cause a voter backlash against Republican Schwarzenegger. A spokesman said the actor was a strong supporter of Proposition 13."

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