Mason Gaffney: What happens when a state radically slashes its property tax?: "California can show you 17 years of experience. Here is what has happened since California passed Proposition 13 in 1978. The obvious direct results have been to cut public services, raise other taxes, and lose credit rating."

Mason Gaffney: What happens when a state radically slashes its property tax?: "California can show you 17 years of experience. Here is what has happened since California passed Proposition 13 in 1978. The obvious direct results have been to cut public services, raise other taxes, and lose credit rating."