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To: lewislynn

I take it prop. 13 is a good thing *LOL* The taxes go up and up and up... let me stop before I get on my soapbox.


40 posted on 01/12/2005 9:10:33 PM PST by cyborg (http://mentalmumblings.blogspot.com/)
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To: cyborg
I take it prop. 13 is a good thing *LOL*

Better than good. It locks the property tax at 1% of the "assesed" value and the assesed value is always less than the actual value.

One of my properties recently appraised for $300,000...my property taxes are (and have been for awhile) $1400 a yr.

There was a time in the early 90's when property values were depressed and the tax actually went down.

41 posted on 01/12/2005 9:36:07 PM PST by lewislynn (The meaning of life can be described in one word...Grandchildren)
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