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To: Carry_Okie
I really don't see how killing Prop 13 will necessarily lead to skyrocketing property taxes.

If Prop 13 goes, each city or county would be able to set its own tax rate. That would allow cities and counties to compete by either lower tax rates to attract people who want lower taxes or raise tax rates for those people who want more government services.

The way it is now everything is run from Sacramento.

Prop 13 did put a break on some state tax increases because of the supermajority requirement for raising taxes, but now the Dems have a supermajority and the Pubbies can't stop anything.

The only thing good about Prop 13 is that it works like a tax incentive to corporations: they hold property for a long time so they are paying very low tax rates compared to companies in other states.

...and compared to the homeowners who gave them this bonanza at the voting booths. It doesn't help that the same voters undermine the good effects of Prop 13 by voting in Dem majorities who increase other fees, taxes, and regulations on these same corporations.

14 posted on 09/11/2014 7:42:01 AM PDT by who_would_fardels_bear
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To: who_would_fardels_bear
If Prop 13 goes, each city or county would be able to set its own tax rate. That would allow cities and counties to compete by either lower tax rates to attract people who want lower taxes or raise tax rates for those people who want more government services.

I take it you don't have much of a memory for how high those rates got. In my county, they reached 8.5%. I want you to imagine paying a local tax bill of $75,000 every year. That's what we would face at current valuations... except that our house is paid for. We are approaching retirement. We would have to sell. That is what was happening when Prop. 13 was passed.

So, I don't buy your case.

17 posted on 09/11/2014 8:10:12 AM PDT by Carry_Okie (Islam offers us three choices: Defeat them utterly, die, or surrender to a life of slavery.)
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To: who_would_fardels_bear

Politicians ALWAYS raise taxes. They have been wanting to raise the property tax here since Prop 13 was passed. It was passed because the politians were driving people out of their homes with high taxes.

My relatives live in a normal single story rambler home in New Jersey. 10 years ago their property tax was $9,000 for a home they built for $43,000 in 1959!


23 posted on 09/11/2014 11:28:38 AM PDT by minnesota_bound
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