3 ms·
It's close. Last I looked California pulls in $50B per year in sales tax but Prop 13 is $30B on residential and $10B on commercial. I think to actually elimina
by rcpt 5y ago
It's close. Last I looked California pulls in $50B per year in sales tax but Prop 13 is $30B on residential and $10B on commercial.
I think to actually eliminate sales tax you'd need to end reassessment immunity and the 1% limit.