“We don’t have a choice,”
LOL - The usual statement from one of the usual suspects. The words “Cut Spending” are not in their vocabulary.
the Prop 13 system is ok. It locks the property tax into 1% of the purchase price and goes up a max of 2% a year.
At least you know going in what the tax will be so that you can make your decision. The POls don’t like it, becuase it is a firm system. In these times, the 2% increase is a given, but not unexpected.
“That would produce a projected $91 million in additional revenue...”
Perhaps, but maybe not, as some people will just walk away if they don’t have any equity. Not sure what the banks would do.
Check Florida, specifically Fort Meyers area.
If the values of homes has gone down, taxes should also go down. Taxes are based on the value of the homes. People need to contact their counties and demand that they lower their taxes.
“That would produce a projected $91 million in additional revenue to the county, cities, school districts and other jurisdictions.”
Bloody turnip!
Basically Prop 13 was that you tax property at 1% of value starting with purchase price and you cannot clime the tax more than 2% of what was taxed last year.
One home I have was bought back when things were $45k.
Today if I bought it my yearly taxes would be $7000, but under Prop 13 they are going to be about $1100.
The $1100 next year goes to maybe $1140 and that would be the increase spoken of in this article.
Actually, ever home owner can ask to have the value of their home reassessed. If your house has gone down then the base rate will reflect that and your tax bill will be lower. This is the libtards effort to gut prop13 amd keep draining our life’s blood.
I’m proud to have voted FOR Prop. 13! Thank you Howard Jarvis and Paul Gann!
That was my first voting after getting out of the Army, I was out less than a month. It helped my parents, immensely. Their home was being re-assessed higher and higher every year, and they were at the point of having to sell because they wouldn’t be able to afford the taxes.
It allowed them to remain in their home until their passing. That, in and of itself, was a blessing.
It’s the beauty of Prop 13. Revenues still increase in a downturn. And the homeowners already know it will.
What does the prosperity of the peasants have to do with the amount of tribute they owe the nobility? ;)
Not one former janitor in the State Capitol is getting his pension or health benefits cut...
Not one policeman is entering HUD housing projects or emergency rooms to deport illegals...
Not one teacher’s union employee is taking a pay cut.
The Liberal Democratic state is going to go bust, let the illegals and Sean Penn have this place....
We are off to Idaho!
There is so much wrong in this article that it is clearly written by a tax and spend liberal media drone.