- This topic has 740 replies, 31 voices, and was last updated 13 years, 4 months ago by sdrealtor.
-
AuthorPosts
-
January 9, 2011 at 9:08 AM #650909January 9, 2011 at 9:11 AM #649808jpinpbParticipant
[quote=ILoveRegulation]Property tax is just one type of tax that Californians have to pay. Income tax is another huge tax in California. If property taxes are artificially limited via proposition 13 and other props, then the state will just increase income tax because that is the tax they can increase. In California, income-earners subsidize property owners.
Why should the taxes of property owners be limited while the taxes on income earners are unlimited? Young, productive workers are subsidizing the lifestyles of all those retired old fogeys in La Jolla.[/quote]
I strongly believe that if they got rid of Prop 13, they’re not going to reduce the income tax. That is mind bending to even contemplate. Some tell me an instance where the government reduced a tax so I can have hope of that possibility. I think that’s a fallacy. The best we can hope for is to freeze the government from raising taxes and Prop 13 does that on at least one thing, a house, something that we live in.
I already addressed older people in LJ. As sdr said, there are old people elsewhere that need Prop 13. Also someday you will be old, too, and you will be thankful that Prop 13 is allowing you to keep a lid on your taxes. Don’t be so shortsighted. Anyone that owns a home benefits from Prop 13. I think renters do, too. If property taxes are high, certainly landlords will pass the bill to the renter in the form of higher rent. Nobody kid anyone here and don’t kid yourself. We are all lucky to have Prop 13.
January 9, 2011 at 9:11 AM #649877jpinpbParticipant[quote=ILoveRegulation]Property tax is just one type of tax that Californians have to pay. Income tax is another huge tax in California. If property taxes are artificially limited via proposition 13 and other props, then the state will just increase income tax because that is the tax they can increase. In California, income-earners subsidize property owners.
Why should the taxes of property owners be limited while the taxes on income earners are unlimited? Young, productive workers are subsidizing the lifestyles of all those retired old fogeys in La Jolla.[/quote]
I strongly believe that if they got rid of Prop 13, they’re not going to reduce the income tax. That is mind bending to even contemplate. Some tell me an instance where the government reduced a tax so I can have hope of that possibility. I think that’s a fallacy. The best we can hope for is to freeze the government from raising taxes and Prop 13 does that on at least one thing, a house, something that we live in.
I already addressed older people in LJ. As sdr said, there are old people elsewhere that need Prop 13. Also someday you will be old, too, and you will be thankful that Prop 13 is allowing you to keep a lid on your taxes. Don’t be so shortsighted. Anyone that owns a home benefits from Prop 13. I think renters do, too. If property taxes are high, certainly landlords will pass the bill to the renter in the form of higher rent. Nobody kid anyone here and don’t kid yourself. We are all lucky to have Prop 13.
January 9, 2011 at 9:11 AM #650462jpinpbParticipant[quote=ILoveRegulation]Property tax is just one type of tax that Californians have to pay. Income tax is another huge tax in California. If property taxes are artificially limited via proposition 13 and other props, then the state will just increase income tax because that is the tax they can increase. In California, income-earners subsidize property owners.
Why should the taxes of property owners be limited while the taxes on income earners are unlimited? Young, productive workers are subsidizing the lifestyles of all those retired old fogeys in La Jolla.[/quote]
I strongly believe that if they got rid of Prop 13, they’re not going to reduce the income tax. That is mind bending to even contemplate. Some tell me an instance where the government reduced a tax so I can have hope of that possibility. I think that’s a fallacy. The best we can hope for is to freeze the government from raising taxes and Prop 13 does that on at least one thing, a house, something that we live in.
I already addressed older people in LJ. As sdr said, there are old people elsewhere that need Prop 13. Also someday you will be old, too, and you will be thankful that Prop 13 is allowing you to keep a lid on your taxes. Don’t be so shortsighted. Anyone that owns a home benefits from Prop 13. I think renters do, too. If property taxes are high, certainly landlords will pass the bill to the renter in the form of higher rent. Nobody kid anyone here and don’t kid yourself. We are all lucky to have Prop 13.
January 9, 2011 at 9:11 AM #650597jpinpbParticipant[quote=ILoveRegulation]Property tax is just one type of tax that Californians have to pay. Income tax is another huge tax in California. If property taxes are artificially limited via proposition 13 and other props, then the state will just increase income tax because that is the tax they can increase. In California, income-earners subsidize property owners.
Why should the taxes of property owners be limited while the taxes on income earners are unlimited? Young, productive workers are subsidizing the lifestyles of all those retired old fogeys in La Jolla.[/quote]
I strongly believe that if they got rid of Prop 13, they’re not going to reduce the income tax. That is mind bending to even contemplate. Some tell me an instance where the government reduced a tax so I can have hope of that possibility. I think that’s a fallacy. The best we can hope for is to freeze the government from raising taxes and Prop 13 does that on at least one thing, a house, something that we live in.
I already addressed older people in LJ. As sdr said, there are old people elsewhere that need Prop 13. Also someday you will be old, too, and you will be thankful that Prop 13 is allowing you to keep a lid on your taxes. Don’t be so shortsighted. Anyone that owns a home benefits from Prop 13. I think renters do, too. If property taxes are high, certainly landlords will pass the bill to the renter in the form of higher rent. Nobody kid anyone here and don’t kid yourself. We are all lucky to have Prop 13.
January 9, 2011 at 9:11 AM #650919jpinpbParticipant[quote=ILoveRegulation]Property tax is just one type of tax that Californians have to pay. Income tax is another huge tax in California. If property taxes are artificially limited via proposition 13 and other props, then the state will just increase income tax because that is the tax they can increase. In California, income-earners subsidize property owners.
Why should the taxes of property owners be limited while the taxes on income earners are unlimited? Young, productive workers are subsidizing the lifestyles of all those retired old fogeys in La Jolla.[/quote]
I strongly believe that if they got rid of Prop 13, they’re not going to reduce the income tax. That is mind bending to even contemplate. Some tell me an instance where the government reduced a tax so I can have hope of that possibility. I think that’s a fallacy. The best we can hope for is to freeze the government from raising taxes and Prop 13 does that on at least one thing, a house, something that we live in.
I already addressed older people in LJ. As sdr said, there are old people elsewhere that need Prop 13. Also someday you will be old, too, and you will be thankful that Prop 13 is allowing you to keep a lid on your taxes. Don’t be so shortsighted. Anyone that owns a home benefits from Prop 13. I think renters do, too. If property taxes are high, certainly landlords will pass the bill to the renter in the form of higher rent. Nobody kid anyone here and don’t kid yourself. We are all lucky to have Prop 13.
January 9, 2011 at 9:13 AM #649813CDMA ENGParticipant[quote=bearishgurl][quote=SD Realtor]In the end the complaint should really be what the hell is happening to the billions and billions of dollars in tax revenue. You are stepping over the dollar to get to the dime.[/quote]
What the hell is happening to CA’s tax revenue is this.
Unfunded mandates, including:
-emergency medical care for illegal immigrants
-public schooling for illegal immigrants
-justice-system costs for illegal immigrants
-CMS and unfunded MediCal payments-Recently “enhanced” pensions of public employees
-Exorbitant salaries for permanent staff/administration in the CU/CSU systems
-Rental assistance programs
-benefits for public employeesetc[/quote]
BG,
You seem to be going after the illegals here… Which I don’t have a problem with… But there is a large portion legal dead beats in this state and they are the far larger problem than the illegal one.
We should be concentrating on that one first!
CE
January 9, 2011 at 9:13 AM #649882CDMA ENGParticipant[quote=bearishgurl][quote=SD Realtor]In the end the complaint should really be what the hell is happening to the billions and billions of dollars in tax revenue. You are stepping over the dollar to get to the dime.[/quote]
What the hell is happening to CA’s tax revenue is this.
Unfunded mandates, including:
-emergency medical care for illegal immigrants
-public schooling for illegal immigrants
-justice-system costs for illegal immigrants
-CMS and unfunded MediCal payments-Recently “enhanced” pensions of public employees
-Exorbitant salaries for permanent staff/administration in the CU/CSU systems
-Rental assistance programs
-benefits for public employeesetc[/quote]
BG,
You seem to be going after the illegals here… Which I don’t have a problem with… But there is a large portion legal dead beats in this state and they are the far larger problem than the illegal one.
We should be concentrating on that one first!
CE
January 9, 2011 at 9:13 AM #650467CDMA ENGParticipant[quote=bearishgurl][quote=SD Realtor]In the end the complaint should really be what the hell is happening to the billions and billions of dollars in tax revenue. You are stepping over the dollar to get to the dime.[/quote]
What the hell is happening to CA’s tax revenue is this.
Unfunded mandates, including:
-emergency medical care for illegal immigrants
-public schooling for illegal immigrants
-justice-system costs for illegal immigrants
-CMS and unfunded MediCal payments-Recently “enhanced” pensions of public employees
-Exorbitant salaries for permanent staff/administration in the CU/CSU systems
-Rental assistance programs
-benefits for public employeesetc[/quote]
BG,
You seem to be going after the illegals here… Which I don’t have a problem with… But there is a large portion legal dead beats in this state and they are the far larger problem than the illegal one.
We should be concentrating on that one first!
CE
January 9, 2011 at 9:13 AM #650602CDMA ENGParticipant[quote=bearishgurl][quote=SD Realtor]In the end the complaint should really be what the hell is happening to the billions and billions of dollars in tax revenue. You are stepping over the dollar to get to the dime.[/quote]
What the hell is happening to CA’s tax revenue is this.
Unfunded mandates, including:
-emergency medical care for illegal immigrants
-public schooling for illegal immigrants
-justice-system costs for illegal immigrants
-CMS and unfunded MediCal payments-Recently “enhanced” pensions of public employees
-Exorbitant salaries for permanent staff/administration in the CU/CSU systems
-Rental assistance programs
-benefits for public employeesetc[/quote]
BG,
You seem to be going after the illegals here… Which I don’t have a problem with… But there is a large portion legal dead beats in this state and they are the far larger problem than the illegal one.
We should be concentrating on that one first!
CE
January 9, 2011 at 9:13 AM #650924CDMA ENGParticipant[quote=bearishgurl][quote=SD Realtor]In the end the complaint should really be what the hell is happening to the billions and billions of dollars in tax revenue. You are stepping over the dollar to get to the dime.[/quote]
What the hell is happening to CA’s tax revenue is this.
Unfunded mandates, including:
-emergency medical care for illegal immigrants
-public schooling for illegal immigrants
-justice-system costs for illegal immigrants
-CMS and unfunded MediCal payments-Recently “enhanced” pensions of public employees
-Exorbitant salaries for permanent staff/administration in the CU/CSU systems
-Rental assistance programs
-benefits for public employeesetc[/quote]
BG,
You seem to be going after the illegals here… Which I don’t have a problem with… But there is a large portion legal dead beats in this state and they are the far larger problem than the illegal one.
We should be concentrating on that one first!
CE
January 9, 2011 at 9:33 AM #649833ILoveRegulationParticipant[quote=jpinpb]
I strongly believe that if they got rid of Prop 13, they’re not going to reduce the income tax. That is mind bending to even contemplate.
[/quote]I don’t really care whether the state reduces the income-tax rate. I just don’t want to pay a 10% income-tax rate while some retired person in La Jolla is paying virtually nothing in taxes. Further, if I go buy that exact same property, then I would have to pay a sky-high tax rate. That is an inherently unfair tax policy.
[quote=jpinpb]
Also someday you will be old, too, and you will be thankful that Prop 13 is allowing you to keep a lid on your taxes.
[/quote]Nope. I don’t want to benefit from an unfair tax policy. There are some people who want all the tax breaks they can get. I’m not one of those people. I wouldn’t want someone to subsidize my ownership of a property. How is that fair to the person doing the subsidizing? How are they benefiting?
[quote=jpinpb]
Anyone that owns a home benefits from Prop 13. I think renters do, too. If property taxes are high, certainly landlords will pass the bill to the renter in the form of higher rent.
[/quote]Landlords can’t just pass all their costs on to renters. I addressed this in a previous post. There are several landlords in San Diego who have no hope of ever recouping their costs because the rental market won’t support the rents they need to just break even.
[quote=jpinpb]
Nobody kid anyone here and don’t kid yourself. We are all lucky to have Prop 13.[/quote]I disagree. Long-time homeowners are lucky to have proposition 13, but no one else benefits from it.
January 9, 2011 at 9:33 AM #649902ILoveRegulationParticipant[quote=jpinpb]
I strongly believe that if they got rid of Prop 13, they’re not going to reduce the income tax. That is mind bending to even contemplate.
[/quote]I don’t really care whether the state reduces the income-tax rate. I just don’t want to pay a 10% income-tax rate while some retired person in La Jolla is paying virtually nothing in taxes. Further, if I go buy that exact same property, then I would have to pay a sky-high tax rate. That is an inherently unfair tax policy.
[quote=jpinpb]
Also someday you will be old, too, and you will be thankful that Prop 13 is allowing you to keep a lid on your taxes.
[/quote]Nope. I don’t want to benefit from an unfair tax policy. There are some people who want all the tax breaks they can get. I’m not one of those people. I wouldn’t want someone to subsidize my ownership of a property. How is that fair to the person doing the subsidizing? How are they benefiting?
[quote=jpinpb]
Anyone that owns a home benefits from Prop 13. I think renters do, too. If property taxes are high, certainly landlords will pass the bill to the renter in the form of higher rent.
[/quote]Landlords can’t just pass all their costs on to renters. I addressed this in a previous post. There are several landlords in San Diego who have no hope of ever recouping their costs because the rental market won’t support the rents they need to just break even.
[quote=jpinpb]
Nobody kid anyone here and don’t kid yourself. We are all lucky to have Prop 13.[/quote]I disagree. Long-time homeowners are lucky to have proposition 13, but no one else benefits from it.
January 9, 2011 at 9:33 AM #650487ILoveRegulationParticipant[quote=jpinpb]
I strongly believe that if they got rid of Prop 13, they’re not going to reduce the income tax. That is mind bending to even contemplate.
[/quote]I don’t really care whether the state reduces the income-tax rate. I just don’t want to pay a 10% income-tax rate while some retired person in La Jolla is paying virtually nothing in taxes. Further, if I go buy that exact same property, then I would have to pay a sky-high tax rate. That is an inherently unfair tax policy.
[quote=jpinpb]
Also someday you will be old, too, and you will be thankful that Prop 13 is allowing you to keep a lid on your taxes.
[/quote]Nope. I don’t want to benefit from an unfair tax policy. There are some people who want all the tax breaks they can get. I’m not one of those people. I wouldn’t want someone to subsidize my ownership of a property. How is that fair to the person doing the subsidizing? How are they benefiting?
[quote=jpinpb]
Anyone that owns a home benefits from Prop 13. I think renters do, too. If property taxes are high, certainly landlords will pass the bill to the renter in the form of higher rent.
[/quote]Landlords can’t just pass all their costs on to renters. I addressed this in a previous post. There are several landlords in San Diego who have no hope of ever recouping their costs because the rental market won’t support the rents they need to just break even.
[quote=jpinpb]
Nobody kid anyone here and don’t kid yourself. We are all lucky to have Prop 13.[/quote]I disagree. Long-time homeowners are lucky to have proposition 13, but no one else benefits from it.
January 9, 2011 at 9:33 AM #650623ILoveRegulationParticipant[quote=jpinpb]
I strongly believe that if they got rid of Prop 13, they’re not going to reduce the income tax. That is mind bending to even contemplate.
[/quote]I don’t really care whether the state reduces the income-tax rate. I just don’t want to pay a 10% income-tax rate while some retired person in La Jolla is paying virtually nothing in taxes. Further, if I go buy that exact same property, then I would have to pay a sky-high tax rate. That is an inherently unfair tax policy.
[quote=jpinpb]
Also someday you will be old, too, and you will be thankful that Prop 13 is allowing you to keep a lid on your taxes.
[/quote]Nope. I don’t want to benefit from an unfair tax policy. There are some people who want all the tax breaks they can get. I’m not one of those people. I wouldn’t want someone to subsidize my ownership of a property. How is that fair to the person doing the subsidizing? How are they benefiting?
[quote=jpinpb]
Anyone that owns a home benefits from Prop 13. I think renters do, too. If property taxes are high, certainly landlords will pass the bill to the renter in the form of higher rent.
[/quote]Landlords can’t just pass all their costs on to renters. I addressed this in a previous post. There are several landlords in San Diego who have no hope of ever recouping their costs because the rental market won’t support the rents they need to just break even.
[quote=jpinpb]
Nobody kid anyone here and don’t kid yourself. We are all lucky to have Prop 13.[/quote]I disagree. Long-time homeowners are lucky to have proposition 13, but no one else benefits from it.
-
AuthorPosts
- You must be logged in to reply to this topic.