Off on a bit of a tangent, I 100% agree with you, and that was probably the best feature of California's Prop 13 from 1978. After it passed, the projected income to Sacramento was rock-solid for decades. California doesn't have an income problem; it has a spending problem.
Still, I would welcome the opportunity to let Sacramento know that, in my opinion, they spend too much on education and welfare and not enough on infrastructure.