The impact of Serrano v. Priest on local school tax rates

The controversy of a political issue isn't whether both benefits and drawbacks exist but rather whether the benefits outweigh the drawbacks, and that was the case with the Proposition 13 tax cut measure whose major benefit was the reduction of property tax for homeowners (as well as owners of agricultural, rental residential, and non-residential property) and whose primary drawback was the reduction of revenue to the state government, local governments, and school districts.

It is potentially debatable rather than controversial to say that Proposition 13 was the last of five major factors whic...