Inheritance should be taxed at assessed value as should rental properties as well as commercial properties. Primary homes should not have prop 13 protections repealed. It’s not an investment to many..it’s their home.
That’s why so many flock to California. Because life in the golden state is golden. And then they try to change prop 13 to punitively tax the senior citizenry and retirees on fixed income. Because. As someone spat out earlier ..”low taxation zealots” are the bad guys.
I'm not going to bother digging into most of the rest of your claims but this is particularly disingenuous. Most of the recent attempts at changing Prop 13 have focused on a split roll that would keep the tax limits on primary residences. Putting grannie out on the street is exactly what the anti-tax zealots (Jarvis and co) used to sell the state on Prop 13 and 8 in the first place. What's being proposed now would raise taxes on things like vacation homes and commercial property.
Why should vacation homes be taxed? It’s is an asset. Imagine.. You buy a diamond ring..would you be asked to pay a use tax every time you wear it?
Yes. In addition to following the flurry of news articles every time some politician dares to bring up Prop 13, I grew up in the Bay Area, and in fact I studied Prop 13 along with its consequences and potential changes while at university. If you'd like to be pedantic, your words were "And then they try to change prop 13".
Nobody (at least nobody with any sort of visibility) has proposed repealing Prop 13 wholesale.
Prop 13 also pushes undue costs onto new property development. Lower development costs equals fewer luxury condos. Were California to both build more and repeal Prop 13 fully it's unlikely that retired tech bros would be priced out of their houses.
Even so one of the primary roles of a county assessor is to determine where tax breaks are suitable. Allowing the (typically elected) assessor more discretion via a Prop 13 repeal almost certainly guarantees you won't be putting grannies (or retired tech bros) out on the street.
There are problems with increasing property taxes on elderly folks on fixed incomes, the solution isn't to say "you never own any tax on the appreciated value" the solution is to say "you can pay the tax on the appreciated value when you sell your home" which is an insane liberal tax and spend policy practiced in the hippie haven of the... state of Texas.
Additionally, the lions gain of the benefits of prop 13 don't accumulate to the working class elderly living in appreciated homes, it goes to giant corporations like Walt Disney (yes, Disney Land is protected by prop 13), golf courses, extremely wealthy property investors, and the heirs of people who have owned nice homes and then died who then bequeath both their house AND their insane tax rate on to their children.