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It's the effective tax rate you arrive at when averaging over the fair market value of all houses. It's much lower than the tax you or I pay due to Prop 13. Th
by pcwalton 8y ago
It's the effective tax rate you arrive at when averaging over the fair market value of all houses. It's much lower than the tax you or I pay due to Prop 13.
The figure is from https://smartasset.com/taxes/california-property-tax-calculator https://smartasset.com/taxes/california-property-tax-calcula...
- scurvy 8y agoYeah well that stat isn't relevant because that's not the rate I actually pay. Literally couldn't care less what others pay. All stats are local.