Well when elected officials misspend tax money, it's only an inevitability that propositions like prop 13 pass. People on here talk about prop 13 without having actually lived in CA before Prop 13. Before prop 13, there was still lots of bad governance, so voters decided to at least cap the amount they were going to spend on stupid policies.
Surprised no one on here has mentioned the obvious gorilla in the room: leftist "progressive" policies that make business impossible.