Earlier quoted context omitted.
Do people really think that if we revoked Prop 13 that other taxes would go down with the new money from property taxes? Or do we think that property taxes would go up while other taxes stay put? This feels like the argument at play when people criticize Prop 13. Not saying it’s good but California hasn’t ever cut taxes meaningfully and I’m not convinced raising property taxes would solve anything. California would s…
Multiple good things would happen without prop 13: People would move more instead of being locked in to a low effective property tax. The tax burden would be much fairer: instead of the police and schools being funded by newcomers, everyone would be contributing their fair share to fund the city, instead of the longest tenure residents mooching off the rest of us. Unproductive use of land would be discouraged. If a t…
My money is on the latter. Nobody is getting a tax cut if Prop 13 is repealed. Everybody's taxes will just continue to go up.