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This is a bailout more so for landlords than renters. IMO this should be done via a non-refundable property tax rebate. Don't pay property taxes? Then you alre
by sagarm 5y ago
This is a bailout more so for landlords than renters.
IMO this should be done via a non-refundable property tax rebate. Don't pay property taxes? Then you already get your subsidy on an ongoing basis.
- deep-root 5y agoI wonder if renters will know their back-rent was made whole, or if shady landlords could attempt to "double dip".
- koolba 5y ago> IMO this should be done via a non-refundable property tax rebate. Don't pay property taxes? Then you already get your subsidy on an ongoing basis. Even better, let them make a deal with the landlords that to opt in you have to allow for a reassessment to “fair market value” based upon the back rent. That will allow pushing the revenue can down the road for another 25 years.
- google234123 5y agoProperty taxes are already way too low in CA. Though given how high all the other taxes are... I don't know.
- sagarm 5y agoRaise land value tax rates, lower property tax rates, tax on assessed values, and end income tax. The end result should be a healthier and more dynamic economy that rewards productive activity without subsidizing slumlords.