Video: 'Prop 13: Mad as Hell | Retro Report'
(Tuesday, June 6, 1978, polls closed at 8:00 p.m. PDT) — Californians fed up with soaring property taxes today overwhelmingly approved Proposition 13, an amendment of the state Constitution that trims $7 billion off the amount of property tax revenue collected by the state and radically affecting local government finances. Continue reading Californians cut property taxes in landslide 40 years ago this hour #OnThisDay #OTD (Jun 6 1978)