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Mello-Roos: OC's Favorite Tax

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The new community of Rancho Mission Viejo is under construction right now, but potential buyers got a rude surprise when it was announced that homes there will be subject to a Mello-Roos tax. It doesn't matter: the development will sell out within seconds. Is the good life in OC such that Orange County residents — famously anti-tax — tolerate a tax on a tax? Or is it just penance those who want to live in new communities must pay?

Credits

Host:
Gustavo Arellano