3 ms·
Of course it's false. Old residents don't pay "nothing", they pay "next to nothing". Look up any house that changes hands after 40 years. The old owners were pa
by rconti 6y ago
Of course it's false. Old residents don't pay "nothing", they pay "next to nothing". Look up any house that changes hands after 40 years. The old owners were paying a tax liability an order of magnitude less than the new one.
- millstone 6y agoWorse, if it changes hands through inheritance there is no step up in basis.
- rcpt 6y agoAnd as a result white families pay lower property taxes in California. https://twitter.com/alfred_twu/status/1327821019931787264?s=21 https://twitter.com/alfred_twu/status/1327821019931787264?s=...