3 ms·

This the one? https://en.wikipedia.org/wiki/2020_California_Proposition_13 https://en.wikipedia.org/wiki/2020_California_Proposition_13

• jmgao 6y ago
  No, this one: https://en.wikipedia.org/wiki/1978_California_Proposition_13 https://en.wikipedia.org/wiki/1978_California_Proposition_13 Basically, home value for property taxes gets assessed once, when you buy the property, and it can only go up by inflation after that.
  • imtringued 6y ago
    Just replace them with land value taxes that are assessed for each block or maybe the entire neighborhood. Then split the tax bill based on the area of land owned so that you get a fixed rate per square foot.
    • shagie 6y ago
      The "just replace them" requires rewriting/amending the state constitution again. As long as property values are going up across the state, as a whole (of which SF is only a part of), voters tend to have a disincentive to do so.
• deleted 6y ago
  [deleted]