Re:A Chronicle reporter went undercover in high school
by eigen on Friday March 29, 2024 @06:27PM
(#39869675)
I see California collected 69.3B & 65.5B in 2021 & 2020 respectively [1] and Texas collected 73.5B & 70.5B in 2021 & 2020 respectively [2]. This leads to more like $1732 for California & 2450 for Texas which is ~40% higher per capita in 2021.
[1] https://bythenumbers.sco.ca.gov/Raw-Data/Property-Tax-Raw-Da...
[2] https://comptroller.texas.gov/taxes/property-tax/docs/96-172...
Re:A Chronicle reporter went undercover in high school
by bombcar on Friday March 29, 2024 @11:16PM
(#39871521)
Interesting. I used https://www.boe.ca.gov/news/2023/NR-23-04.htm
It has 40 million residents (who cares if they're citizens or owners or not) - for $2075 per person.
Take another state (I won't even use New Jersey as the highest) - revenue in Texas: $73.5 billion. Population in 2021: 30 million - 2450. Slightly higher, but not much. Texas has no income tax.
Let's take Illinois: $33.8 billion - population in 2020: 13 million - 2600.
I don't think California's woes can be adequately explained by Prop 13.
However, you could fix most of the problem by making commercial property no longer subject to Prop 13.