4 ms·
You don't need to repeal proposition 13. It bans ad valorem taxes only. It technically does not ban adding a tax on the raw square footage of land in specific a
by ThrustVectoring 8y ago
You don't need to repeal proposition 13. It bans ad valorem taxes only. It technically does not ban adding a tax on the raw square footage of land in specific areas that need additional development - only if it's based off the assessed value of the property.
- rcpt 8y agoIf I understood you correctly you're saying CA could implement a land value tax provided that we also create a new assement process that only takes into account the value of one's land? Property taxes wouldn't change but landowners would suddenly be responsible for land taxes. Surely this would still require the 2/3rds majority of voters and lawmakers required by prop 218.