Posted on 01/21/2020 8:38:18 PM PST by nickcarraway
The Democrat Party is determined to turn California into Venezuela.
The top Party members will wield increasing power and enjoy unbridled wealth.
Everyone else will become proles.
Thats cute that Californians think they can pass a ballot initiative that the legislature and courts wont just disregard.
This is being pushed by Dolores Huerta and the United Farm Workers, thus the exemption for “those zoned as commercial agriculture”.
Translation: the Mexicans want to suck the money out of the Gringos using the biggest extortion stick they can find: your money or we take your property.
The worthless Republicans in California should have proposed repealing the very idea of property tax or at minimum freezing the valuation at the time of sale a long time ago.
Proof that they, just like the Rats, are only interested in stealing at a level where people just barely can take it.
More teachers union greed...ugh.
Whew...for a minute, I thought those wascally Democwats would go after our residential property taxes. Thank God we are safe!
In other news, Idaho being overrun with Californians...
As West Coast Transplants Pour In, a Small Idaho Town Has a Big Dilemma
Stars population is booming and housing prices have more than doubled; The growth is beyond what people can handle
Citys population has doubled in the past nine years to more than 10,000.
One suspects that since tech is doing well in the Trump economy, Cali benefits from that, tax-wise.
If the Dems ever get back in, Cali will flip financially underwater in an instant.
This is why Cali should be courting small businesses, including commercial properties, rather than shooing them to Texas.
So, a multi-unit dwelling (think: duplex, quadraplex, or even high-rise) belonging to absentee-owners would still be taxed at the residential rate, but a little, family-operated used-book shop would be taxed at the (exploding) commercial rate, right?
Regards,
Democrats greed at work. California got a budget surplus. So Gov Newsom wants to waste it on more boondoggle projects like tunnels to LA to pipe more water, stealing it from the north (that's what the aqueduct waterway already does). Instead of channeling the surplus to schools etc., or heaven forbid, reducing state tax burdens. Every year these Democrat thieves try to repeal Prop 13, because there's never enough money to steal from the citizens in order to hand out to freeloaders like illegals and bums.
Jarvis-Gann has lasted since 1979. The legislature and courts haven’t overturned it, but they think voters will overturn the commercial part this time.
I was thinking that apartments would fall under commercial and houses would be residential.
That, and Texas has electricity...
Simply put, income redistribution from citizen ownership to illegal undocumented. This is being SOLD as a yet again “For The Children and Public Schools”. Well in California that is basically a cry to fund the kids of illegal aliens.
That's what Prop 13 does. It freezes it to when you bought it.
So, a duplex where you reside in one unit and rent out the other unit - that would be "commercial" (or at least the rental unit)? And the little, family-owned used-book shop or corner mini-market? That would be taxed at the horrendous commercial rate?
Regards,
In the 80’s the California lottery was sold as all the money going to the schools. 34 years later we’re still waiting for the money going to the schools.
Residential property will be next.
Good point. I haven’t seen the actual law yet.
That’s my point.
Lol...the utilities there don’t cause wild fires either.
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