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What's forgotten in this discussion are the property taxes in Cupertino. The property values in Cupertino are among the highest in the Bay Area, and with that c
by discardorama 10y ago
What's forgotten in this discussion are the property taxes in Cupertino. The property values in Cupertino are among the highest in the Bay Area, and with that comes more property taxes. I doubt Cupertino would be this desirable were it not for Apple (and the school district). So once again Apple, albeit indirectly, helps pad city coffers.
- kumarm 10y agoMost residents of Cupertino pay very little property tax due to prop 13. Some residents pay 3000$ for the same house when their neighbors pay 18000$.
- discardorama 10y ago"Most" requires some hard data; and whether the fraction is higher or lower than the neighboring areas. Prop 13 is California-wide, so it's not specific to Cupertino.