2 ms·
> California does NOT have the lowest property tax. It is very distasteful for you to try to win an argument by lying. (moderators @dang) > http://www.tax-rate
by generalpass 7y ago
> California does NOT have the lowest property tax. It is very distasteful for you to try to win an argument by lying. (moderators @dang)
> http://www.tax-rates.org/taxtables/property-tax-by-state http://www.tax-rates.org/taxtables/property-tax-by-state
> And if you rank the states by percentage revenue from property tax, you'll see they are right in the middle
> https://www.urban.org/policy-centers/cross-center-initiative.. https://www.urban.org/policy-centers/cross-center-initiative....
Since the California median home price is more than double the national average for median home prices, your two claims seem clearly to not tell the whole story.
What prop 13 does is keep tax rates from increasing beyond a very small percentage of the original purchase price. Thus, property values increase by a lot while taxes collected do not.
So the first sentence is sort of true. Anecdotal, but a guy on my street purchased his property with no house on it in the 70s and pays like $100 per year even though it is easily worth over a million, which will heavily skew the stats. The second sentence is completely true:
> People who have held property for a very long time are taxed very little relative to how they would be taxed in other states, and people who are new are taxed a lot.