2 ms·
Partially because prop 13 is a radioactive dumpster fire of a policy. Taxes on land or property are impervious to capital flight and are much more effective, b
by Hammershaft 9mo ago
Partially because prop 13 is a radioactive dumpster fire of a policy.
Taxes on land or property are impervious to capital flight and are much more effective, but they're neutered in California.
- mutator 9mo agoHave there been proposals to tax secondary properties, or is it just easy to evade those, or is the electorate just way too anti property tax. It does feel a far more sustained source of taxation revenue that a one time tax on select individuals.
- Guvante 9mo agoCompanies spend 9 figured every time they try and reign in 13. "You can't exclude company assets over $10 million that will kill small businesses" Or the tried and true "If you allow this they will come after your grandmother next"