3 ms·
You could waive fees for primary residences and tax the hell out of investment properties. I don't understand why prop 13 in California didn't work this way.
by dntrkv 6y ago
You could waive fees for primary residences and tax the hell out of investment properties. I don't understand why prop 13 in California didn't work this way.
- reducesuffering 6y agoCalifornians couldn't even majority vote last year to tax commercial properties at standard 1-1.5% rate, let alone investment properties... https://ballotpedia.org/California_Proposition_15,_Tax_on_Commercial_and_Industrial_Properties_for_Education_and_Local_Government_Funding_Initiative_(2020) https://ballotpedia.org/California_Proposition_15,_Tax_on_Co...