This is not a complicated issue, there is not going to be any change in the TAX PROTECTION afforded home owners by Prop.13. It is not possible politically, homeowners vote.
However, Prop.13 affects ALL property, including second homes, investment property, and commercial property, and our state government is facing bankruptcy from underfunding. SHELL CORPORATIONS created as holding companies for commercial real-estate are responsible.
Homeowners sell their homes on average ever 5-7 years, even elderly homeowners die every 30-50 years, but CORPORATIONS NEVER DIE!
Under Prop.13, I can form a corporation, buy a property, live in that property, write off all costs of that property as "business expenses", and never have that property re-assessed for tax purposes.
When I'm tired of that property, or the property value has increased enough that I want to sell it and enjoy the equity, then I can simply sell the HOLDING CORPORATION. The property never technically changes hands, and is thus never re-assessed for tax purposes. The new owners simply keep the tax protection of Prop.13.
If I die, the corporation is passed to my heirs, without any loss of tax protection. And CORPORATIONS LIVE FOREVER.
Paying 1% on the value of Capital Investments is not extreme, it is the cost of government, the cost of schools, hospitals, libraries, roads, and other vital government services.
If your business can't afford to pay 1% property taxes, then it isn't a very good business, sell the property, and let someone else have the chance to make it work for them.
Split the Roll, stop the Property Tax Loophole for Corporations.
CORPORATIONS LIVE FOREVER AND SO THEY NEVER PAY TAXES.
Watch KPBS coverage about Prop.13, 9:00PM, Monday Night, March 29
Monday, March 29, 2010
Tuesday, March 09, 2010
Using Triplets in Quantum Cryptography
"[0]Quantum cryptography uses the quantum properties of
photons to guarantee perfect secrecy. But one of its lesser known
limitations is that it only works if Alice and Bob are perfectly aligned
so that they can carry out well-defined polarization measurements on the
photons as they arrive. Physicists say that Alice and Bob must share the
same reference frame. That's OK if Alice and Bob are in their own
ground-based labs, but it's a problem in many other applications, such as
ground-to-satellite communications or even in chip-to-chip
communications, because it's hard to keep chips still over distances of
the order of the wavelength of light. Now a group of UK physicists have
developed a way of doing quantum cryptography without sharing a reference
frame. The trick is to [1]use entangled triplets of photons, so-called
qutrits, rather than entangled pairs. This solves the problem by
embedding it in an extra abstract dimension, which is independent of
space. So, as long as both Alice and Bob know the way in which all these
abstract dimensions are related, the third provides a reference against
which measurements of the other two can be made. That allows Alice and
Bob to make any measurements they need without having to agree ahead of
time on a frame of reference. That could be an important advance enabling
the widespread use of quantum cryptography."
photons to guarantee perfect secrecy. But one of its lesser known
limitations is that it only works if Alice and Bob are perfectly aligned
so that they can carry out well-defined polarization measurements on the
photons as they arrive. Physicists say that Alice and Bob must share the
same reference frame. That's OK if Alice and Bob are in their own
ground-based labs, but it's a problem in many other applications, such as
ground-to-satellite communications or even in chip-to-chip
communications, because it's hard to keep chips still over distances of
the order of the wavelength of light. Now a group of UK physicists have
developed a way of doing quantum cryptography without sharing a reference
frame. The trick is to [1]use entangled triplets of photons, so-called
qutrits, rather than entangled pairs. This solves the problem by
embedding it in an extra abstract dimension, which is independent of
space. So, as long as both Alice and Bob know the way in which all these
abstract dimensions are related, the third provides a reference against
which measurements of the other two can be made. That allows Alice and
Bob to make any measurements they need without having to agree ahead of
time on a frame of reference. That could be an important advance enabling
the widespread use of quantum cryptography."
Solution: Information Overload
TIME TO START TAKING THE INTERNET SERIOUSLY
By David Gelernter
"But we won't be able to solve the overload problem until each Internet user can choose for himself what sources to integrate, and can add to this mix the most important source of all: his own personal information — his email and other messages, reminders and documents of all sorts. To accomplish this, we merely need to turn the whole Cybersphere on its side, so that time instead of space is the main axis. ... 14. The structure called a cyberstream or lifestream is better suited to the Internet than a conventional website because it shows information-in-motion, a rushing flow of fresh information instead of a stagnant pool."
By David Gelernter
"But we won't be able to solve the overload problem until each Internet user can choose for himself what sources to integrate, and can add to this mix the most important source of all: his own personal information — his email and other messages, reminders and documents of all sorts. To accomplish this, we merely need to turn the whole Cybersphere on its side, so that time instead of space is the main axis. ... 14. The structure called a cyberstream or lifestream is better suited to the Internet than a conventional website because it shows information-in-motion, a rushing flow of fresh information instead of a stagnant pool."
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