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You're comparing income tax to a sorta wealth tax. CA properties tend to be worth more than in other states, so even if the % property tax is lower, it can be a
by hot_gril 3y ago
You're comparing income tax to a sorta wealth tax. CA properties tend to be worth more than in other states, so even if the % property tax is lower, it can be a higher $ or % income amount.
- fasthands9 3y agoCalifornia is ranked 15th in dollars collected per house by property tax. In terms of "property tax as a percentage of personal income" it is only 24th. https://www.visualcapitalist.com/cp/us-property-taxes-by-state/ https://www.visualcapitalist.com/cp/us-property-taxes-by-sta...
- hot_gril 3y agoBut 24th makes it in the middle.