Behind Florida’s Property Tax Revolt

People have often said that Florida is the new California, but this week the Sunshine State hopes to really drive the point home — all the way into homeowners’ pockets. On Tuesday the legislature started a special session to reform Florida’s dysfunctional property tax system, aiming to save residents the tens of billions of dollars that Californians reaped a generation ago

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Election Unlikely to Ease California’s Budget Crisis

Another moment of truth has arrived for California. Back in February, the budget deal crafted by Arnold Schwarzenegger and the state legislature temporarily kept the Golden State financially solvent. In Tuesday’s special election, the electorate must choose among a range of propositions aimed at solidifying that compromise and helping shore up California’s shaky finances

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