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A thing people object to in that regime is the tax burden of a median family is pretty high. The California state income taxes of a median household are about z
by jeffbee 3y ago
A thing people object to in that regime is the tax burden of a median family is pretty high. The California state income taxes of a median household are about zero. Under a high property tax rate, everyone owes an amount that seems significant to them.
- YeBanKo 3y agoHigh property tax pushes owners to rent/sell/use land rathe than let it sit unoccupied in high demand area.