A Wildfire Tax

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A Wildfire Tax

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jul. 16, 2008, 11:17 am

Looks like the could be increasing both our taxes and our insurance as a result of all the fires. From the Christian Science Monitor

Leaders in Sacramento are moving toward pushing some costs back to the local level. The governor proposed adding a surcharge onto all homeowners' insurance; the surcharge would be higher for those living in fire, flood, or earthquake zones. A budget conference committee adopted a version of the plan this week.

Stewart says it's a step in the right direction, though the risk assessment is so crude that it would encompass most California property owners. Better, he says, was a failed plan to target fees just on homeowners in state fire jurisdictions.

jul. 30, 2008, 1:10 am

ag. 1, 2008, 8:17 am

Thank you bardsfingertips. Nothing screams cronyism like a bill going from $300k to $1.3 mil, but people look at that and see the failure of privatization. Situations like this, and like Haliburton make baby Friedman cry

ag. 1, 2008, 12:51 pm

Where is that can of worms...? Oh, there it is! An look at that: it's been opened. ;-)

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