2 ms·
I voted this year for the amendment to it basically that mainly involved inheritance - I do not have a huge problem with it for the first generation but when yo
by Melatonic 5y ago
I voted this year for the amendment to it basically that mainly involved inheritance - I do not have a huge problem with it for the first generation but when you get to things like homes inherited three times over and the grandkids are paying absolutely nothing on a home worth 4 million dollars then it seems totally ridiculous. The amendment though that passed seems to be a nice middle ground (for now)
The real shitty part about prop 13 for me is not the residential tax rates but commercial/industrial - some giant corporation owning a giant warehouse that has an insane value should NOT be paying a super low tax rate.