[quote=SK in CV][quote=bearishgurl]
We can’t have it both ways … that is … 40%+?? of CA’s landowners paying 1/10th of 1% of the current market value of their properties due to artificially low assessments which will NEVER catch up to even being close to the market value…[/quote]
Do you know this 40% number is right or are you just guessing at it? I have no idea. [/quote]
She’s guessing. As is anybody blaming Prop 13. The simple truth is that property tax collections, have risen faster than inflation and population growth since before prop 13 was passed.
In other words, adjust the property taxes collection just before prop 13 passed for inflation and population growth and we collect more now.
