THE IMPACTS OF PROPOSITION 13 UPON THE CALIFORNIA POLITICAL SYSTEM: RE-REGULATING THE INTERGOVERNMENTAL SYSTEM

In: Public choice, Band 39, S. 147-169

Abstract

ACCLAIMED OR CONDEMNED, THE FISCAL LIMITS MOVEMENT ACHIEVED NATIONAL PROMISENCE WITH PASSAGE OF PROPOSITION 13 IN JUNE, 1978, BROADENING ITS SIGNIFICANCE FAR BEYOND THE CALIFORNIA LOCAL GOVERNMENTS WHOSE REVENUES WERE IMMEDIATELY IMPACTED. THE APPEAL OF THE CONCEPT OF LIMITING GOVERNMENTAL REVENUES OR EXPENDITURES SPREAD WIDELY. THIRTY-ONE OF THE STATES HAVE NOW ADOPTED ONE OR ANOTHER FORM OF A FISCAL LIMIT (ACIR, 1980). RECENT VOTER APPROVAL OF PROPOSITION 2 1 /2 IN MASSACHUSETTS DEMONSTRATES THE CONTINUED ALLURE OF SUCH POLICIES, AND THE ELECTION OF RONALD REAGAN TO THE PRESIDENCY CAN BE INTERPRETED AS PART OF THE SAME MOVEMENT.