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To: EdnaMode

If “millionaire” means assets, then about every house owner in CA is a millionaire.


7 posted on 07/06/2018 2:21:53 PM PDT by ProtectOurFreedom
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To: ProtectOurFreedom

If it makes you feel any better then one of the main issues Gavin Newsome (the likely next Gov. of CA) has is to eliminate restrictions on annual property taxes and have them raised somewhere between 5% and 10% of assessed value.

That means as much as $100k on one of those 2br/1ba million-dollar cottages.


10 posted on 07/06/2018 2:32:00 PM PDT by MeganC (There is nothing feminine about feminism.)
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To: ProtectOurFreedom

you usually don’t claim your house on your income tax.


48 posted on 07/06/2018 9:56:48 PM PDT by morphing libertarian ( Build Kate's Wall)
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