4 ms·
SB9 and SB10 are meant to be small improvements. It's understood it won't completely solve the crisis. SB50 would have made a big impact but it didn't pass. Pr
by deepakhj 5y ago
SB9 and SB10 are meant to be small improvements. It's understood it won't completely solve the crisis. SB50 would have made a big impact but it didn't pass.
Prop 13 can easily be fixed by
a) Limiting it to primary homes.
b) Removing it from commercial properties.
c) Make it means based and if the homeowner can't afford the taxes, tally it up and assess it at death or final sale w/o an equivalent purchase.
You can see how subsidies work due to prop 13 in the map here https://www.taxfairnessproject.org/ https://www.taxfairnessproject.org/.