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If California really wanted to do something sensible with taxes, revisiting Proposition 13 would be a great place to start.
by davidw 6y ago
If California really wanted to do something sensible with taxes, revisiting Proposition 13 would be a great place to start.
- bradlys 6y agoBusinesses have too strong of a lobby. Same with the landlords. Beyond that, since it was voter passed, it has to be voter repealed. :( I don’t think it’ll happen.
- davidw 6y agoI wrote "sensible", not "easy" :-) I agree with your assessment.
- twblalock 6y ago> Businesses have too strong of a lobby. Same with the landlords. Pretty much every homeowner in the state would vote against it too.
- bradlys 6y agoYou could easily add in a widowed grandma on social security clause in a replacement piece of legislation - where it only applies to a single property per family/household/whatever-definition. That said - America is full of temporarily embarrassed millionaires... So, even though the masses will never own a second home - they will vote against it because they think it will screw them over later.
- Apocryphon 6y ago> Beyond that, since it was voter passed, it has to be voter repealed. Couldn't that happen in the next generation?
- jeffbee 6y agoThere a pretty weak reform for 2020 in Proposition 15. It will tax at realistic values (i.e. exempt from Prop 13) certain commercial properties. I'd like to see much stronger reforms so that second homes are realistically taxed etc, but at least it is a start. https://www.politico.com/interactives/2020/california-november-ballot/#section-1 https://www.politico.com/interactives/2020/california-novemb...