[lbo-talk] Prop 13s have been so good for CA and NJ...

[Jordan Hayes]

> Retaining tax breaks for the rich means extending austerity
> at the state and local level, and that will definitely be an
> attack on his base.

And it's Turtles All The Way Down.

http://en.wikipedia.org/wiki/Turtles_all_the_way_down

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http://www.mercurynews.com/san-mateo-county/ci_16844023

Peninsula threatens toll in response to San Francisco

By Mike Rosenberg
Bay Area News Group
Posted: 12/12/2010 10:58:34 PM PST
Updated: 12/13/2010 08:10:34 AM PST

With San Francisco officials poised to consider rolling out a 
not-so-friendly welcome mat to commuters from the south -- a $6 daily 
toll -- fuming San Mateo County leaders have threatened to enact their 
own toll of $12 a day for San Francisco residents to enter the 
Peninsula from the north.

Instigating what one Peninsula politician said would be a "border war," 
some San Mateo County officials said they would try to implement a toll 
to enter the county from the north during rush hour if San Francisco 
enacts a similar entrance fee for its city. The threat by Peninsula 
leaders is an effort to persuade San Francisco leaders to shelve their 
plan.

[...]