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To: 1Old Pro

No kidding. My property taxes in good old leftwing Utopia California are ridiculous.

The thing that p*sses me off the most is as I get older they will eventually drive me out of my house.


13 posted on 12/22/2015 1:44:23 PM PST by skeeter
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To: skeeter
Now a California jerk. Under Prop 13, the value of your home is the selling price. Your tax rate is 1%. The tax rate can go up a maximum of 2% each year. So a $100,000 has an initial tax of $1,000. It can increase to $1,020.00 the next tax year. This is the best deal in California except for the high speed train in the desert.
21 posted on 12/22/2015 1:53:09 PM PST by Kozy
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To: skeeter
My property taxes in good old leftwing Utopia California...

What about Prop 13, was it? Did it get overturned?

I listen to a Boston radio guy, and just about every year, the hackerama tries to overturn the Kali-inspired Prop 2-1/2 property tax limitation (officially, Proposition 2 in 1980) with all sorts of chicanery.

24 posted on 12/22/2015 1:54:55 PM PST by Calvin Locke
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To: skeeter

California has Proposition 13 - that means a real property tax cap of 1% (based on the original purchase price) I thought.

[Massive California “impact” fees are another matter altogether.]


25 posted on 12/22/2015 1:57:06 PM PST by Brian Griffin
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To: skeeter
The thing that p*sses me off the most is as I get older they will eventually drive me out of my house.

Who would have thought that your property tax payment would be higher than your mortgage payment, it's ridiculous.

65 posted on 12/23/2015 7:32:08 AM PST by 1Old Pro
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