2 ms·
Prop 13 takes away the normal downside to rising home prices.
by colinmhayes 5y ago
Prop 13 takes away the normal downside to rising home prices.
- deleted 5y ago[deleted]
- imtringued 5y agoIf there is empirical evidence in favor of land value taxes then it would be the entirety of California. Come on, taxes on land are glorious. Hongkong charges 17% income taxes on the rich and <7% on people who earn less than the median. https://youtu.be/XL3n59wC8kk?t=1917 https://youtu.be/XL3n59wC8kk?t=1917