Property values are going down all over California. In Silicon Valley, where high-tech billionaires live, they've dropped for the first time since the Great Depression. Tax assessors are lowering rates, and that means the state and the counties will be getting less money.
California's New Way of Not Doing Business
Credits
Guests:
- David Cay Johnston - Pulitzer Prize-winning reporter and author, Daily Beast, Investipedia, DC Report - @DavidCayJ
- Shane Goldmacher - national political reporter, New York Times - @ShaneGoldmacher
- Jim Mangia - St John's Well Child and Family Center - @wellchildorg