Once the parasites, greedbags and night crawlers in CA counties and in Sacramento have access to unlimited property taxes they will be unable to control themselves and collapse will follow.
Guaranteed.
Good article. I fear in California, you are speaking to an empty room. The groundwork is being laid to get rid of Prop 13. In fact, I am surprised the Latino Marxistas in charge in Sacramento haven’t tried to do it yet. When that happens, property values will drop immediately, the only question being how much.
Business is always an easy tax target in California, just look at CARB’s rules.
Split property tax role, will be a test run with disastrous results.