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Normally property taxes are paid based on assessed value. Assessed value is a function of market value that is determined recent neighborhood/comparable sales.
by sjg007 7y ago
Normally property taxes are paid based on assessed value. Assessed value is a function of market value that is determined recent neighborhood/comparable sales. The problem with Prop 13 is that it doesn't allow for the taxes to capture increased market value.
- jelliclesfarm 7y agoWhy should taxes capture market value? That’s surrender to the state to keep taxing us. To ask for higher taxation is asking for the state to take care of individual expenses through redistribution of wealth. Other states don’t offer as many services as California which is practically a nanny state. The young people are expecting the state to do the grabbing so they can be taken care by the state. This is mostly due to public schools brainwashing kids with extreme progressive liberalism.
- selimthegrim 7y agoAll these seniors that paid their dues paid how much in UC fees/"tuition"? And now they want to tell this generation to pay when they didn't? Isn't that called pulling up the ladder behind them?
- jelliclesfarm 7y agoNo. The seniors paid for subsequent generations of public schools. Even when their children were all grown up and no longer in the school system. It’s time for those kids who were educated with public funds and tax money to pay back. Not ask for more money from retired seniors. So fix the university system. Don’t ask retired people to shoulder the burden of grown ass employed and able bodied younger generation and their children.