What will the repeal of Prop 13 do to the market?

[bubba99]

Way back in the day, we passed prop 13 because there was no end in sight to rising property taxes. We set an absolute limit that could not be exceeded without the express vote of the people.

Imagine where we would be today if Prop 13 were not in place. The give aways to state employees would be double, and propertty taxes would be monotonically increasing to pay an ever increasing state employee benefit and pay package. We already have 9% sales tax, 9.6% imcome tax, rising auto and boat taxes. Im only sorry we did not pass a limit on all taxes

[Tillers]

It will enable the state to raise the property tax above and beyond 1%, where it’s capped now.

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.

[Tillers]

It will enable the state to raise the property tax above and beyond 1%, where it’s capped now.

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.

[Tillers]

It will enable the state to raise the property tax above and beyond 1%, where it’s capped now.

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.

[Tillers]

It will enable the state to raise the property tax above and beyond 1%, where it’s capped now.

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.

[Tillers]

It will enable the state to raise the property tax above and beyond 1%, where it’s capped now.

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.

[SD Realtor]

I think that it is very telling that those in power view the solution to be increasing tax revenue rather then decreasing spending.

Lets all be honest here, do we really think that increasing tax revenues to the state will benefit in the long run? Sure the increased revenues will help reduce the current state budget woes but will it cure the disease? Didn’t we JUST have a state income tax increase?

[SD Realtor]

I think that it is very telling that those in power view the solution to be increasing tax revenue rather then decreasing spending.

Lets all be honest here, do we really think that increasing tax revenues to the state will benefit in the long run? Sure the increased revenues will help reduce the current state budget woes but will it cure the disease? Didn’t we JUST have a state income tax increase?

[SD Realtor]

I think that it is very telling that those in power view the solution to be increasing tax revenue rather then decreasing spending.

Lets all be honest here, do we really think that increasing tax revenues to the state will benefit in the long run? Sure the increased revenues will help reduce the current state budget woes but will it cure the disease? Didn’t we JUST have a state income tax increase?

[SD Realtor]

I think that it is very telling that those in power view the solution to be increasing tax revenue rather then decreasing spending.

Lets all be honest here, do we really think that increasing tax revenues to the state will benefit in the long run? Sure the increased revenues will help reduce the current state budget woes but will it cure the disease? Didn’t we JUST have a state income tax increase?

[SD Realtor]

I think that it is very telling that those in power view the solution to be increasing tax revenue rather then decreasing spending.

Lets all be honest here, do we really think that increasing tax revenues to the state will benefit in the long run? Sure the increased revenues will help reduce the current state budget woes but will it cure the disease? Didn’t we JUST have a state income tax increase?

[poorgradstudent]

Nothing.

Gay and Lesbian couples already buy property together all the time (so do unmarried heterosexual couples).

I suppose long term there could be some minor inheritance issues, as gay marriage smooths out transfer of property if one partner passes away.

[poorgradstudent]

Nothing.

Gay and Lesbian couples already buy property together all the time (so do unmarried heterosexual couples).

I suppose long term there could be some minor inheritance issues, as gay marriage smooths out transfer of property if one partner passes away.

[poorgradstudent]

Nothing.

Gay and Lesbian couples already buy property together all the time (so do unmarried heterosexual couples).

I suppose long term there could be some minor inheritance issues, as gay marriage smooths out transfer of property if one partner passes away.

[poorgradstudent]

Nothing.

Gay and Lesbian couples already buy property together all the time (so do unmarried heterosexual couples).

I suppose long term there could be some minor inheritance issues, as gay marriage smooths out transfer of property if one partner passes away.

[Author]

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