Posts Tagged ‘Proposition AA’
Propositions AA, EE: Endorsing Organization’s Bias Questioned
The San Diego County Taxpayers Association (SDCTA) has been considered by public opinion polls to be the leading public policy organization for over sixty years. Dr. Gary Gonsalves, M.D. , the founder of volunteer-led taxpayer advocacy group Stop Taxing Us claims that the SDCTA has an inherent conflict of interest, when analyzing and endorsing school bond issues, because of its member/funders (many of which are construction companies). Gonsalves stood alone, questioning this alleged cronysim but his voice was amplified today by San Diego’s largest media outlet, UT San Diego:
Propositions AA and EE are second mortgages on your home
Thanks to the thorough analysis from the San Diego County Taxpayers Association, we see that Proposition AA (which affects property owners in Carlsbad, Encinitas, Cardiff, Olivenhain, Leucadia, Solana Beach, Rancho Santa Fe, Del Mar, and parts of Carmel Valley) would add $25 per $100,000 of assessed valuation to a property tax bill and that Proposition EE ( which affects homeowners in Oceanside, Carlsbad, Encinitas, Cardiff, Olivenhain, Leucadia, Solana Beach, Rancho Santa Fe, Del Mar, and parts of Carmel Valley) would add the same. The San Diego County Taxpayers Association is endorsing this thirty-year loan (which is what a bond is), collateralized by the collection of taxes on real property. That, my friends, is a residential mortgage.
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