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I remember there was a huge discussion on HN years ago on Prop 13, and someone mentioned that Prop 13 was proposed because the democratic party then double taxe
by hintymad 4y ago
I remember there was a huge discussion on HN years ago on Prop 13, and someone mentioned that Prop 13 was proposed because the democratic party then double taxed people. Somehow I couldn't find the reference anymore. As for the Prop 13, it makes sense to me to keep it for the primary residence, as an ordinary person shouldn't be forced to give up their house just because the property appreciates. Prop 13 for non-primary and commercial property should be repealed. That said, I don't think Prop 13 will fundamentally solve California's problem before we fix our government. For instance, why would it cost more than 100K to house a homeless? How many people can earn that much, post tax, in the nation? Or why couldn't Bay Area schools afford even school bus or better school buildings or more teachers (CUSD teachers ask parents to grade students' homework)?
- masonic 4y ago>Prop 13 for non-primary and commercial property should be repealed. Agreed. The Democrat legislature could do anytime without a single Republican vote. All it takes then is a simple majority of voters in the next statewide election. Ask yourself why that has never even been attempted.
- reducesuffering 4y agoIt has been attempted and failed as of 2020[0]. Voters are mostly uninformed. CA voters voted against commercial properties at market rate but further increased family home reassessments. https://ballotpedia.org/California_Proposition_15,_Tax_on_Commercial_and_Industrial_Properties_for_Education_and_Local_Government_Funding_Initiative_(2020) https://ballotpedia.org/California_Proposition_15,_Tax_on_Co...
- masonic 4y agoNo, that was an Initiative, not a Legislative, measure. Again, the Legislature could do so anytime without the burden of seeking ballot signatures or encountering any other such friction.