4 ms·
>Not aware of any state which has a 10% property tax and an income tax. I am aware of some states having high property taxes but no income taxes... California'
by Assadi 8y ago
>Not aware of any state which has a 10% property tax and an income tax. I am aware of some states having high property taxes but no income taxes...
California's can be as high as 13 something percent, I believe (though, I think with the kind of numbers the other guy was talking about, it'd probably be like 6-7%). But, you're right that the property tax is a serious exaggeration. Like, expensive places like Austin are around 2%, from what I remember.
- gamblor956 8y agoCalifornia's property tax can't reach 13%. It's been capped at 1% since 1978, and the assessed value can only increase by 2% each year, or when a property is sold. But the tax itself remains 1%...
- phamilton 8y agoHe means income tax