4 ms·
And in case if your other next-door neighbours have school-aged kids and have property taxes based on 30yo assessment? And in case if you don't have kids but p
by pound 8y ago
And in case if your other next-door neighbours have school-aged kids and have property taxes based on 30yo assessment?
And in case if you don't have kids but pay way much more than your next door neighbours?
Or in case if the majority of your neighbours pay almost nothing in taxes? Then your taxes alone will not cover the expenses of that local school for you to benefit from.
Why have public schools then?
Actually what I want to say is that there is nothing fair in Prop13.
- gnicholas 8y agoNo one has 30-year old property tax assessments and kids in school. This would require inheriting from 80-year old grandparents and having your parents pre-decease your grandparents.
- pound 8y agoprop13 taxes can be passed to grandchildren "In 1986 and 1996 respectively, California voters passed Propositions 58 and 193, which extended Prop 13 to exclude from reassessment property transfers between parents and children (58) and grandparents and grandchildren (193). As a result, when you inherit a home in California, you inherit its tax assessment as well"
- gnicholas 8y agoIt can only be passed to grandchildren when the children (the parents of the grandchildren, and all of their siblings) are all dead already. This rarely happens, which is why property tax inheritance almost never ends up going to someone with young children. https://www.avvo.com/legal-guides/ugc/prop-13-transfers-to-grandchildren-in-california https://www.avvo.com/legal-guides/ugc/prop-13-transfers-to-g...
- pound 8y agoThanks, I didn't know that. But back to taxes in general - if we want to have schools funded only by current parents contributions those are private schools.