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To: Zathras
They can’t yet go after Prop 13 without a major voter revolt.

Prop 13 was great for 70 and 80 and 90 year olds who bought their homes many decades ago when taxes were cheap and reasonable.

But they're all dying off, replaced by suckers paying many times what their parents paid in taxes. Soon all those old folks will be gone and most buyers will be paying sky high property taxes.

It's a win win for the state, and mostly a lose lose for everyone else nowadays.

6 posted on 10/28/2020 12:53:30 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: dragnet2
But they're all dying off, replaced by suckers paying many times what their parents paid in taxes. Soon all those old folks will be gone and most buyers will be paying sky high property taxes.

That was always my argument when I lived out there, even in the '90s. We were always bombarded about how "unfair" that relief was. They clammed up when I asked, "What's the problem? Given the mobility of Americans most will move on and the new taxes kick in. Those retired will die off in the years ahead, so they won't be taxed out of their homes - as they were Pre-Prop 13.

21 posted on 10/28/2020 2:04:36 PM PDT by Oatka
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