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kimmaicutler's profile
Kim-Mai Cutler
Kim-Mai Cutler
Kim-Mai Cutler
Verified account
@kimmaicutler

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Kim-Mai CutlerVerified account

@kimmaicutler

Partner at @initialized. Previously @techcrunch. When life hands me lemons, I make tarte au citron.

San Francisco
medium.com/initialized-ca…
Joined April 2008

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    Kim-Mai Cutler‏Verified account @kimmaicutler 7 Oct 2015
    • Report Tweet
    • Report NetzDG Violation

    Kim-Mai Cutler Retweeted Louis Gray

    Santa Clara Co. homeowners who bought their homes after 1999 pay 78% of the county's residential property taxes.https://twitter.com/louisgray/status/651157422812233728 …

    Kim-Mai Cutler added,

    Louis Gray @louisgray
    My mother in law purchased her Palo Alto home in 1964, & value is approximately up 9,953%. Prop 13 means taxable value is 3.7% actual value.
    11:33 AM - 7 Oct 2015
    • 42 Retweets
    • 32 Likes
    • Kayvon Tehranian Chris Garrett 🏳️‍🌈Michael Ducker Garry Tan Evan Landman Louis Gray Joseph Flaherty Keith - Ask me if Prop 15 is right for you Anthony Lazarus
    10 replies 42 retweets 32 likes
      1. New conversation
      2. Derek‏ @negativeidlst 7 Oct 2015
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        Replying to @kimmaicutler

        @kimmaicutler Well, its someone's mother and she's still in her house, so I guess in the perverse outcome column, you can mark this as a win

        2 replies 0 retweets 2 likes
      3. Kim-Mai Cutler‏Verified account @kimmaicutler 7 Oct 2015
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        Replying to @negativeidlst

        @negativeidlst you can always defer taxes on property value gains to the time of sale, so people get to stay in their homes.

        2 replies 0 retweets 3 likes
      4. 4 more replies
      1. New conversation
      2. Joe Eskenazi‏ @EskSF 7 Oct 2015
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        Replying to @kimmaicutler

        @kimmaicutler When I wrote about this in 2011/12 buyers since '95 paid 78 percent of San Francisco's property taxes: http://www.sfweekly.com/sanfrancisco/prop-13-the-building-sized-loopholes-corporations-exploit/Content?oid=2183637&showFullText=true …

        2 replies 8 retweets 5 likes
      3. Kim-Mai Cutler‏Verified account @kimmaicutler 7 Oct 2015
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        Replying to @EskSF

        @EskSF I wonder what it is now.

        1 reply 0 retweets 0 likes
      4. 1 more reply
      1. New conversation
      2. Chris Tolles‏ @tolles 7 Oct 2015
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        Replying to @kimmaicutler

        @kimmaicutler @louisgray would love to know what that is in SF. All those old nimby progressives & renters subsidized by new homeowners :)

        1 reply 0 retweets 1 like
      3. Louis Gray‏ @louisgray 7 Oct 2015
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        Replying to @tolles

        @tolles @kimmaicutler it depends per property, of course. If you own a home for 50 years in a fast moving market, the numbers can be crazy.

        1 reply 0 retweets 1 like
      4. 1 more reply
      1. Thomas Rogers‏ @throgers 7 Oct 2015
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        Replying to @kimmaicutler

        @kimmaicutler The Potrero complaint du jour is "new development doesn't pay its share", but indeed- it's the old-timers who are subsidized!

        0 replies 0 retweets 0 likes
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      1. New conversation
      2. Kevin Halter‏ @KevinHalter 7 Oct 2015
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        Replying to @kimmaicutler

        @kimmaicutler @louisgray need to change. Your grandma can sell her house for a fortune + retire somewhere else or contribute to schools...

        1 reply 0 retweets 0 likes
      3. Louis Gray‏ @louisgray 7 Oct 2015
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        Replying to @KevinHalter

        @KevinHalter @kimmaicutler well... she did retire. Now she's dead. So... one out of two.

        1 reply 0 retweets 0 likes
      4. 1 more reply
      1. ⏐ Τhе Αnⅽⅰеnt Вооеr ⏐π(21691:4)‏ @KirinDave 7 Oct 2015
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        Replying to @kimmaicutler

        @kimmaicutler @dbloom People get this is wealth extraction from the young, right?

        0 replies 0 retweets 2 likes
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