2 ms·
Lies. Since 1977 (before Prop 13) we've had the California Tax Postponement Program. Low income seniors, the disabled and the blind can defer taxes indefinitel
by rcpt 4y ago
Lies.
Since 1977 (before Prop 13) we've had the California Tax Postponement Program. Low income seniors, the disabled and the blind can defer taxes indefinitely. They have zero pressure from the state to move.
- seanp2k2 4y agoAlso, the biggest winners from prop 13 are businesses like Disney: https://www.curbed.com/2020/10/prop-15-california-property-tax-prop-13.html https://www.curbed.com/2020/10/prop-15-california-property-t... Meanwhile, anyone who didn’t buy a house or property for a business 20+ years ago is priced out of the market, so we have tons of low-quality stores and businesses that are insulated from competition. It’s interesting how many free market advocates will throw their values out the window when it benefits them to do so.
- rcpt 4y agoRight. And consumers get none of this benefit. When was the last time you scored cheap gas because of station's property tax?