The 2017 tax cut reduced the MID among others on the federal level. California has its own version for state taxes.
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Novi razgovor
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You don’t think property tax should be deductible?
- Još 1 odgovor
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Seems small compared to CA corporations portion of unpaid taxes
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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CA properties have a basis derived with these tax deductions being in place. If taken away, fixed income people forced from their homes (new victims), working home owners (new victims) will default on their loans, and the banks will go under. Find solutions without new victims.
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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Maybe I missed it, but what does the Cal Budget Center define as "higher income households"? I didn't see that defined in the analysis.
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$100,000 AGI in 2016 (note that, contrary to many folks perception, median AGI in California was $42,542 in 2016)https://fred.stlouisfed.org/series/MEDAGICA6A052NCEN …
- Još 1 odgovor
Novi razgovor -
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The property tax system is ripe for reform. This should be a big YIMBY issue.
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Now do Prop 13.
Kraj razgovora
Novi razgovor -
Čini se da učitavanje traje već neko vrijeme.
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