Keyword: prop13

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  • Giving Grandma a tax break to get more homes on the market: realtors’ Prop. 13 ballot proposal

    12/11/2017 12:57:32 PM PST · by NohSpinZone · 13 replies
    San Jose Mercury News ^ | 12/11/13 | Katy Murphy
    SNIP The proposal from the California Association of Realtors would expand Proposition 13, the landmark constitutional amendment passed by voters in 1978 that has kept homeowners’ property taxes artificially low over the years, even as their home values have doubled or even quadrupled. Under the initiative, homeowners who are over 55 or severely disabled would be able to keep those lower tax obligations for life, regardless of how many times they move, as long as they stay in California. SNIP
  • Face it: Property taxes are forcing Illinoisans out of their homes

    10/14/2016 10:09:51 AM PDT · by george76 · 109 replies
    Illinois Policy ^ | October 13, 2016 | Austin Berg
    Pardess Mitchell is watching her community crumble. She and her husband have lived in Lake County for 16 years. They pay more in property taxes than they do on their mortgage. The tax bill is $15,000 a year on a house they bought for $227,000 in 2013. “They’re taxing us out of the neighborhood. They’re pushing us out. They’re pushing us out of our homes and communities,” she said. “If it continues this way we’ll have to leave.” A Paul Simon Public Policy Institute poll released Oct. 10 revealed nearly half of registered Illinois voters said they would leave the...
  • Environmental Waste

    08/28/2015 10:03:06 AM PDT · by Brad from Tennessee · 3 replies
    City Journal ^ | August 21, 2015 | By John Seiler
    California’s initiative process has sometimes been a boon to taxpayers—think Proposition 13, which checked the uncontrolled growth of property taxes. On other occasions, however, it has yielded some mighty boondoggles. Chief among these are the “boutique initiatives” advanced by celebrities and Silicon Valley billionaires to make themselves feel good or to advance pet political causes—think Proposition 10, Hollywood director Rob Reiner’s early-childhood-development measure that created a host of busybody commissions funded by cigarette taxes. Boutique initiatives usually come with boutique prices. Among the costliest is Proposition 39, a 2012 measure that hiked corporate taxes on out-of-state businesses to “create energy...
  • Top 5 Taxes You May See on the (CA) 2016 Ballot

    08/22/2015 1:00:26 PM PDT · by fifedom · 27 replies
    California Political Review ^ | Aug. 14, 2015 | Joel Fox
    In reverse order of probability: (5) oil severance tax, (4) Sales tax on services, (3) split property tax rolls (separate rates for homeowners than businesses), (2) cigarette tax, (1) Extension of Prop30.
  • Democrats lose super-majority in CA Assembly (and Senate)

    11/08/2014 9:28:56 AM PST · by fifedom · 9 replies
    Cal Watchdog ^ | Nov. 5, 2014 | John Hrabe
    Republicans, who have already blocked a Democratic super-majority in the California Senate, have also succeeded in defeating a Democratic super-majority in the Assembly.
  • Democrats get supermajority in (California) Legislature - (Say Goodbye to Prop 13)

    11/07/2012 10:52:48 AM PST · by So Cal Rocket · 59 replies
    SF Chronical ^ | 11/7/12 | Marisa Lagos
    California Democrats appear to have picked up a supermajority in both houses of the state Legislature Tuesday night, a surprise outcome that gives the party the ability to unilaterally raise taxes and leaves Republicans essentially irrelevant in Sacramento. Read more:
  • Property Rights Bill Provides Protection for Virginia Landowners

    01/22/2014 5:09:22 AM PST · by RightSideNews · 4 replies
    Virginia Free Citizen ^ | January 22, 2014 | Shelby Mertens
    Del. Bob Marshall, R-Manassas, has introduced a bill that would give farmers and landowners’ property rights remedies against local zoning laws. The bill is inspired by the Martha Boneta debacle last year. But unlike last year’s “Boneta Bill,” HB1219 extends beyond farmers to anyone who owns property. The bill also tackles other issues such as the constitutional rights of farmers. HB1219 says that local governments that violate constitutional rights through zoning must pay their victims the amount of the fines they sought to impose and the actual damages, including attorney fees. The bill also allows the Virginia Attorney General to...
  • Market Closing Prop. 13 Commercial Property Tax Gap

    01/07/2014 12:40:49 PM PST · by WayneLusvardi · 2 replies ^ | January 6, 2013 | Wayne Lusvardi
    Almost 36 years after it was passed by voters, controversy continues to swirl around Proposition 13, the 1978 tax limitation measure. Periodic calls to repeal or modify it, supposedly to gain more tax revenue, so far have gone nowhere. The main objection is that it’s unfair because homeowners — and especially businesses – that have held their properties for decades pay less in property tax than new property owners. Prop. 13 assesses taxes at 1 percent of value, plus a maximum of 2 percent more per year due to property value increases and inflation. Property is reassessed when it changes...
  • 35 years ago today, California voters passed Prop. 13

    06/06/2013 5:54:58 PM PDT · by Fiji Hill · 20 replies
    SF Gate ^ | June 6, 2013 | Lois Kazakoff
    No initiative mounted by the public has brought more change to California than Proposition 13, which voters passed 35 years ago today. Did it keep the middle class in their rapidly appreciating homes or set the stage for the struggling public schools and crumbling public infrastructure California has today? Californians cling tightly to both views.

    05/08/2013 9:32:28 AM PDT · by WayneLusvardi · 5 replies ^ | May 8, 2013 | Wayne Lusvardi
    Stuart Lieberman, a real estate attorney in New Jersey, once said the following about wording in a deed that allowed construction on open space designated land: “That’s not a loophole; it’s the Lincoln Tunnel.” Lieberman made what appeared to be a loophole in a deed understandable through a concrete example. In the same way, the widely disseminated urban myth in California that there is a mysterious tax loophole in Proposition 13 for owners of commercial properties needs to be simply explained so that the public can understand that there is no such loophole. A recent news article in the May...
  • CA State Senate Target Races

    09/15/2012 10:02:43 AM PDT · by fifedom · 9 replies
    Fox&Hounds ^ | September 11th, 2012 | Allan Hoffenblum
    Last week, Darrell Steinberg, the president pro term of the Senate, announced that he would skip the Democratic National Convention to focus on trying to win the two seats needed to give his party a two-thirds, 27-seat Senate majority. Looking at the senate races in play, the odds are in his favor.
  • Censorship rears its ugly head in California Senate

    08/10/2012 9:13:15 AM PDT · by SmithL · 12 replies
    Sacramento Bee ^ | 8/10/12 | Dan Walters
    Let's not mince words about what the state Senate's Democratic leader did Wednesday. It was self-serving censorship, the sort of thing that one expects from tinpot dictators, not from those who fancy themselves to be progressive civil libertarians. Someone acting for Senate President Pro Tem Darrell Steinberg suddenly cut off cable television access to a legislative hearing to air facts and arguments about pending ballot measures. The Senate Governance and Finance Committee called the hearing – as required by law – into three tax increases (Propositions 30, 38 and 39) and altering the state's budgetary procedures (Proposition 31). As it...
  • Prop. 13 must be part of the tax reform debate

    03/12/2012 9:32:02 AM PDT · by SmithL · 19 replies
    Sacramento Bee ^ | 3/12/12 | Editor
    No single politician is going to change Proposition 13, the iconic 1978 initiative that slashed property taxes, anytime soon. It's easy to understand why. A Field Poll last September showed that 34 years after its passage, voters by a ratio of more than 2-to-1, 63 percent to 29 percent, support Proposition 13. However, support narrows when the question is limited to altering commercial property taxes. Starting today, a handful of political leaders and advocates are reopening a conversation about aspects of the system of assessing property taxes on businesses. That's an important step. This coming November, Gov. Jerry Brown will...
  • AM Alert: Can California change its third rail of taxation? { Prop 13 }

    03/12/2012 9:29:16 AM PDT · by SmithL · 13 replies · 1+ views
    SacBee: Capitol Alert ^ | 3/12/12 | Kevin Yamamura
    That sizzle you hear today may come from Room 126 in the Capitol, where elected leaders and tax experts will touch the third rail of California politics, Proposition 13. The Assembly Revenue and Taxation Committee will hold a 1:30 p.m. oversight hearing examining whether the state should tighten rules defining when businesses must have their property reassessed. Assemblyman Tom Ammiano, D-San Francisco, believes businesses take advantage of loopholes to save hundreds of millions of dollars. He is pursuing legislation, Assembly Bill 448, that would trigger more frequent reassessments of commercial property. Besides Ammiano, others scheduled to testify include Los Angeles...
  • Overturning of Prop. 13 sought in lawsuit

    12/28/2011 2:04:26 PM PST · by SmithL · 19 replies · 1+ views
    San Francisco Chronicle ^ | 12/28/11 | Bob Egelko, Chronicle Staff Writer
    Proposition 13, which revolutionized government financing in California by slashing property taxes and erecting new barriers to other state and local tax increases, was upheld by the state Supreme Court soon after it passed in 1978, seemingly ending all questions about its legality. But a team of lawyers headed by a former federal appeals court judge has sued to overturn a crucial provision of Prop. 13 - the requirement of a two-thirds legislative vote to raise state taxes. The lawyers argue that the two-thirds requirement has been undermined by more recent decisions of the state's high court. In particular, they...
  • Prop. 13 still highly popular, poll finds

    09/23/2011 8:00:17 AM PDT · by SmithL · 7 replies
    Sacramento Bee ^ | 9/23/11 | David Siders
    Occasional rumblings around the Capitol about changing Proposition 13 aren't likely to amount to much anytime soon: The landmark tax-limiting measure is about as widely popular today as when it passed in 1978, according to a new Field Poll. By a greater than 2-to-1 ratio, with 63 percent support, California voters would endorse the measure if it were up for a vote again today, according to the poll. "It's still the third rail of California politics," poll director Mark DiCamillo said. "It's really an untouchable. Tinkering with Proposition 13 would probably be done at a politician's own peril." Approved by...
  • Los Angeles Mayor Targets California Tax Law in ‘Grand Bargain’

    08/17/2011 9:16:11 PM PDT · by americanophile · 47 replies
    Businessweek ^ | August 17, 2011 | James Nash and Christopher Palmeri
    Aug. 17 (Bloomberg) -- Los Angeles Mayor Antonio Villaraigosa proposed dismantling California’s Proposition 13, which helped begin a nationwide anti-tax movement, in favor of a “grand bargain” that would boost levies on business property. The Democrat who leads California’s largest city called on Governor Jerry Brown not to shrink from making sweeping changes in state tax laws that Villaraigosa, 58, said could produce as much as $36 billion a year in new revenue. Villaraigosa urged the removal of Proposition 13’s limits on commercial-property assessments while retaining its cap for homes. The mayor said boosting tax revenue in the most-populous state...
  • More, More, More

    08/17/2011 5:15:28 PM PDT · by Kaslin · 7 replies
    IBD Editorial ^ | August 16, 2011 | Staff
    California: Taking a break from leading his city down the path of economic decline, the mayor of Los Angeles lectures the state on how to squeeze more tax revenue out of business. Given his track record, Antonio Villaraigosa hardly seems the one to give advice on how to get California moving again. His city, where he's been chief executive for six years, has been a drag on the state. Its jobless rate (13.9% in 2010) puts it at No. 44 worst among the nation's 50 largest cities. But to this mayor, leading a once-booming city deeper into decline must be...
  • Villaraigosa calls for overhaul of Proposition 13

    08/16/2011 3:43:35 PM PDT · by SmithL · 35 replies
    SacBee: Capitol Alert ^ | 8/16/11 | Dan Walters
    In what could be an initial foray into statewide politics, Los Angeles Mayor Antonio Villaraigosa called Tuesday for a renewal of progressive politics in California in the nation, including an overhaul of the state's iconic limit on property taxes, Proposition 13. "Progressives have to start thinking - and acting - big again," Villaraigosa declared in prepared remarks for the Sacramento Press Club, to counteract anti-tax and anti-government drives by the Tea Party and other conservative blocs. "If the Tea Party in Washington and their counterparts here in Sacramento are intent on pitching jobs overboard in the mindless pursuit of ideology...
  • Jerry Brown says Proposition 13 could be tested if budget talks fail

    06/23/2011 8:15:31 PM PDT · by NormsRevenge · 28 replies
    La Times ^ | 6/23/11 | Anthony York - PolitiCal
    Gov. Jerry Brown hinted Thursday that if the budget talks with Republicans break down, the initiative fight that would follow would not be limited to Brown's plans to raise sales, vehicle and income taxes. He said he expects labor groups to pursue changes to Proposition 13, tweaking the current caps on commercial property taxes, if no bipartisan deal can be reached. "I would expect there will be efforts to accelerate the reassessment of commercial property tax," Brown said. During his remarks to about 250 apartment owners and developers at the Moscone Center on Thursday, he acknowledged some of his failures...