Lots of options here for affordable housing funding that are actually progressive forms of taxation (unlike the sales taxes and parcel taxes that are the default go-tos for local govt)https://twitter.com/kimmaicutler/status/1050430115836882944 …
I don’t know if a windfall tax is kosher with Prop. 13. That’s why cities do parcel taxes.
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What's the theory of why prop 13 would preclude it? California already taxes capital gains.
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I’m not exactly sure but I think that’s why
@TenantsUnionSF did an anti-speculation tax that focused on overall sales price rather than gains when they did Prop. G. https://ballotpedia.org/City_of_San_Francisco_Transfer_Tax_on_Residential_Property_Re-Sold_in_Five_Years,_Proposition_G_(November_2014) … maybe@natogreen knows.... - 2 more replies
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