what about home owners that couldn't keep up with rising taxes after purchasing their home?
Estate taxes also has this kind of concern trolling.
What about family farmers?! This will improverish those hard working Americans!
All 40 of them.
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It's SO EASY to create easy to administrate common sense rules, so that families can stay in their homes.
Cap property taxes increases and then reassess value when a property is sold.
Provide property tax relief to seniors, handicapped, disabled, etc.
I'm sure there are other strategies.
But, you're probably right, we shouldn't do anything reasonable so long as we can use a few edges cases to create fear, uncertainty, doubt (to better protect the status quo of the money elite).
"The most significant portion of the act is the first paragraph, which limited the tax rate for real estate:
Section 1. (a) The maximum amount of any ad valorem tax on real property shall not exceed one percent (1%) of the full cash value of such property. The one percent (1%) tax to be collected by the counties and apportioned according to law to the districts within the counties."
Um, yes. You could try understanding the issues involved, instead of googling a link that you don't understand, and then considering yourself now an expert.
What you are describing is the maximum yearly increase in property taxes when a property doesn't change hands.
When a property is sold, it is re-assessed to the sale price.
Source: Homeowner who actually pays property taxes.
I regret my drive by response. I should have anticipated your pedantry and not left you the opening.
Your spirited defense of Prop 13 notes that it currently does reset value during select events.
You continue to ignore, conflate, deny, obfuscate the most salient point: the 1% cap has crippled state and local govt. It certainly has prevented providing the level of services expected. Including by anti-tax jihadists such as yourself.
Cue repetition of talking points. Freedom Markets (tm), government corruption, monopoly on violence, blah blah blah. Go ahead. I'll wait.
As expected, I didn't see an actual apology for your complete misunderstanding over a fundamental issue of Prop 13. Just bleating about state and local governments somehow "crippled" even though there is no evidence of that. I bet you don't even live in San Jose, whereas I have for many years. I suggest you should actually understand the issues. You obviously don't, and instead just prattle off talking points that you googled without bothering to understand them. The Bay Area housing market has been hot for the last 20 years, the vast minority of houses will be owned for more than 20 years, which means that the amount of taxes that were collected has risen tremendously.
But I see fat cat public servants getting ridiculous pensions and 13% raises, and then the politicians coming back to the people for more money by raising taxes. Police services include web sites to record crimes, since they won't actually come by and investigate them.
This is the original reason why Prop 13 was introduced, because politicians went to the well of property tax one too many times, and the public got sick of it. Prop 13 will never go away, despite your best Internet efforts, but little actual physical efforts.
Estate taxes also has this kind of concern trolling.
What about family farmers?! This will improverish those hard working Americans!
All 40 of them.
--
It's SO EASY to create easy to administrate common sense rules, so that families can stay in their homes.
Cap property taxes increases and then reassess value when a property is sold.
Provide property tax relief to seniors, handicapped, disabled, etc.
I'm sure there are other strategies.
But, you're probably right, we shouldn't do anything reasonable so long as we can use a few edges cases to create fear, uncertainty, doubt (to better protect the status quo of the money elite).