4 ms·
Prop 13 would be easy to fix: 1) Limit to primary residence. 2) Charge market rate tax for everyone but for homeowners that want to defer assess it as a lien o
by deepakhj 7y ago
Prop 13 would be easy to fix:
1) Limit to primary residence.
2) Charge market rate tax for everyone but for homeowners that want to defer assess it as a lien on the house that is collected once sold. New homeowner tax will drop once tax revenue is more equitable. Make this deferment income based.
3) Remove from commercial property.
- refurb 7y agoIt’s the inequity of property tax that really burns me. Just because I bought the same house decades later my property tax is 20x what my neighbor’s is? Am I really using 20x the resources my neighbor does? Get rid of Prop 13 and you could probably be revenue neutral and still drop the property tax rate by 50%.