Re:Californians aren’t leaving the state en masse but are le...
by jmgao on Saturday March 06, 2021 @09:03PM
(#26372475)
No, this one: https://en.wikipedia.org/wiki/1978_California_Proposition_13
Basically, home value for property taxes gets assessed once, when you buy the property, and it can only go up by inflation after that.
Re:Californians aren’t leaving the state en masse but are le...
by imtringued on Sunday March 07, 2021 @08:41AM
(#26375745)
Just replace them with land value taxes that are assessed for each block or maybe the entire neighborhood. Then split the tax bill based on the area of land owned so that you get a fixed rate per square foot.
Re:Californians aren’t leaving the state en masse but are le...
by shagie on Sunday March 07, 2021 @09:43AM
(#26376183)
The "just replace them" requires rewriting/amending the state constitution again.
As long as property values are going up across the state, as a whole (of which SF is only a part of), voters tend to have a disincentive to do so.
> I genuinely have no clue where the high taxes go.
> tech bros step over needles and homeless people on their way to make their 200k a year.
> Why didn't they build more houses here?
I don't think you've learned about Prop 13 yet. Ignorance is bliss here. Yes there are answers to your questions, but California is more enjoyable when you're just confused about these things.