2 ms·
Cities can't impose local income taxes as it is politically difficult.. Prop 13 means they can't get money from increases in rents, and they don't want to build
by wbl 11y ago
Cities can't impose local income taxes as it is politically difficult.. Prop 13 means they can't get money from increases in rents, and they don't want to build more anyway. As a result cities don't see the gains from booms in the way they would in other regions of the country.