3 ms·
That's Prop 13, and it's one of the worst public policies in the United States. The tax break wouldn't be so bad if it only applied to primary residence, was m
by pcwalton 8y ago
That's Prop 13, and it's one of the worst public policies in the United States.
The tax break wouldn't be so bad if it only applied to primary residence, was means-tested, and couldn't be passed down to children. Regardless, though, homeowners tend to be more well-off than tenants; they shouldn't be receiving tax breaks in the first place.