California is the only state to hide its spending – nearly $300B a year

Re:California is the only state to hide its spending – nearl... by Drunk_Engineer on Sunday December 12, 2021 @12:37PM (#29531611)

LOL..."Highest Tax Rate" in the country. This is the state which passed Prop 13 -- locking property tax rates at 1970's levels. The decline in property tax revenue is why parents are having to self-fund school programs.

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Re:California is the only state to hide its spending – nearl... by gopher_space on Sunday December 12, 2021 @01:15PM (#29532023)

This is exactly the scenario prop 13 was designed to create.

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Re:California is the only state to hide its spending – nearl... by thethimble on Sunday December 12, 2021 @03:49PM (#29533471)

> decline in property tax revenue

Wait property tax is a percentage of assessed value - not a fixed amount. Property tax revenue has increased pretty reliably since 1978.

https://dailybruin.com/2017/01/11/ucsa-campaign-aims-to-refo...

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Re:California is the only state to hide its spending – nearl... by Drunk_Engineer on Sunday December 12, 2021 @08:44PM (#29535630)

Unless the property is sold, Prop 13 caps the increase at no more than 2% annually. So if you have owned a home for more than 10 years, the tax basis is probably way lower than market value -- particularly in a place like Marin County.

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Re:California is the only state to hide its spending – nearl... by closeparen on Sunday December 12, 2021 @08:10PM (#29535469)

The cost of provisioning public services depends on the cost of paying workers to live here, which has done a lot more than "increased pretty reliably."

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Re:California is the only state to hide its spending – nearl... by mcntsh on Monday December 13, 2021 @03:47AM (#29537890)

California has the highest tax revenue in the union; both per capita and gross. Tax revenue is not an issue in California.

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