The point is not to force people to move, the point is to cover the state's revenue by land tax instead of income tax or sales tax. The average Californian (co

The point is not to force people to move, the point is to cover the state's revenue by land tax instead of income tax or sales tax. The average Californian (could not find median) pays about 6945 USD to the state in income tax (using 106916 USD as the income figure). The median California home was about 650000 USD in 2020; it is projected to be 800000 USD in 2022. Assuming an LVT of 1% (the actual property tax rate is somewhat lower in California), the taxes would be 6500 USD in 2020 or 8000 USD in 2022. These are of the same order as the income tax they would replace. This is remarkable, given that we are considering an LVT in the context of a badly overheated housing market -- the situation an LVT is designed to prevent. In California, there is not only high income tax but high sales tax, capital gains tax, and many other miscellaneous costs. If the government is too expensive, it's too expensive; you may be forced to move because of that, but it's not because of a particular tax strategy. Any tax strategy can be used to charge you too much money. This is one of many reasons that a dysfunctional property tax regime does not support a good and stable life.