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"The last time I looked, biz were owned by people. More important, biz expenses, such as taxes, are paid by people too. As a result, that distinction between "b
by lutorm 18y ago
"The last time I looked, biz were owned by people. More important, biz expenses, such as taxes, are paid by people too. As a result, that distinction between "biz" and "people" doesn't make sense."
Maybe you want to elaborate on this point, because I don't get it. How does the fact that businesses are owned by people equate to the fact that they should be protected from taxation from their valuable property?
My impression of Prop 13 was that the intent was to prevent retired people and low-income people who happened to live in an area of rapidly increasing property values from being forced out of their home. This I agree with. To argue that this should necessarily mean that businesses should be protected from paying taxes on property values that go up does not follow for me. What is the greater good achieved by this?
- anamax 18y ago> Maybe you want to elaborate on this point, because I don't get it. How does the fact that businesses are owned by people equate to the fact that they should be protected from taxation from their valuable property? I didn't say that biz should be treated differently. I said that taxes paid on biz owned property was actually paid by people, mostly by their customers.