Prop. 13 value cap protects all homeowners
In response to Victoria Byrd’s letter to the Town Crier (“Nix parcel tax and phase out value cap,” Aug 28):
California Proposition 13 was passed by the voters in 1978. The most important part of Proposition 13 is the value cap that limits the amount of increase levied on real property each year. That value cap was passed by voters because thousands of elderly homeowners were being forced out of their homes due to ever-increasing property tax assessments.