Few suspected that the Tax Revolt, which began as a protest of an onerous state property tax, would end with the cutting of the top tax rate in the U.S. from 70% to 28% (and, together with a then-healthy dollar, ensuing excellent growth).

FORBES: Forget Howard Jarvis And A California Tax Revolt, Is A Money Revolt On The Way?

Property taxes are especially onerous on suburban households.

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While foreign investors consider it onerous, many still invest in the U.S. because of its clear legal system and a transparent property market, where price and performance data is easy to obtain.

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