Yes, that’ll be awesome. With the housing market in the dumps, let’s increase taxes!
I see they learned nothing from their increase of the Vehicle License Fee + Sales Tax.
Do you know why FR was down? Thanks.
Just endless scheming to find ways to override the will of the people so they can scalp productive and responsible citizens a little closer.
The California Supreme Court has refused to consider cases; challenges to Proposition 13 were rejected by the U.S. Supreme Court in 1992. The basis of the challenges was unequal tax charges on similar neighboring properties. In 2004 the California Teachers Association began gathering signatures for a ballot proposal to raise the property tax rate on commercial properties.
When is it that CA is going to fall off into the ocean?
At the time Prop 13 was enacted my Mother was paying more annually in property taxes than she had in payments to buy her "free-and-clear" home. That kind of taxation combined with trying to live in an inflated economy on a slender fixed retirement income spelled disaster for many people like her. Property taxes in CA combined with very high sales taxes and income taxes are devastating.
"Small changes" to Prop 13 will merely be the camel's nose under the tent. If any changes are allowed they'll keep at it until it's repealed.
In 2003, I posted that I wasn’t worried about changes or a repeal of Prop 13 because the “fee” loophole was jacking up my property taxes very nicely on its own.
But by 2005 I started beating the drum that we would see them try to repeal Prop 13 within 10 years.
This is a full court press, folks. In less than one week, we’ve seen basically the same story in the LA Times, TIME, and now here in the SF Chronicle that if we only eliminate Prop 13, all will be well.
We’re going to have to fight to the death on this.
California would enjoy a 40 billion dollar surplus just by cutting state pensions in half, social services to illegal aliens, and stop welfare fraud.