[quote=hibiscus]How is Prop 13 NOT the source of budget issues? I pay 20 times what my neighbor is paying in property taxes because I bought last year. Is that right? Is that bringing in the right amount of money equitably?
Our schools are being strangled because people refuse to have their taxes raised like happens in nearly every other state.[/quote]
My neighbor, who is in his 80’s, bought his house when it was brand new….in 1954. He paid $10k for it.
Would it be fair for him to pay over $4k/year (what I pay)…or almost half the price he paid for the house, every year in property taxes? Does that make sense?
He’s living on a fixed income. I can guarantee that he does not have the money to pay that property tax bill. Should we just kick him out of the house?
Spending in this state has exceeded population growth and inflation in every way imaginable. There is NO revenue problem in CA…there is a SPENDING problem.
