Re:CA to Pay Off All Past Due Rent Accrued During Covid, Giv...
by koolba on Tuesday June 22, 2021 @05:42AM
(#27589664)
> IMO this should be done via a non-refundable property tax rebate. Don't pay property taxes? Then you already get your subsidy on an ongoing basis.
Even better, let them make a deal with the landlords that to opt in you have to allow for a reassessment to “fair market value” based upon the back rent. That will allow pushing the revenue can down the road for another 25 years.
Re:CA to Pay Off All Past Due Rent Accrued During Covid, Giv...
by deep-root on Tuesday June 22, 2021 @01:08AM
(#27588182)
I wonder if renters will know their back-rent was made whole, or if shady landlords could attempt to "double dip".
Re:CA to Pay Off All Past Due Rent Accrued During Covid, Giv...
by google234123 on Tuesday June 22, 2021 @06:09PM
(#27597851)
Property taxes are already way too low in CA. Though given how high all the other taxes are... I don't know.
Re:CA to Pay Off All Past Due Rent Accrued During Covid, Giv...
by sagarm on Tuesday June 22, 2021 @11:28PM
(#27600465)
Raise land value tax rates, lower property tax rates, tax on assessed values, and end income tax.
The end result should be a healthier and more dynamic economy that rewards productive activity without subsidizing slumlords.
IMO this should be done via a non-refundable property tax rebate. Don't pay property taxes? Then you already get your subsidy on an ongoing basis.