CA has some of the lowest effective property tax rates in the US. Perhaps why so much $$ is parked in housing here.https://twitter.com/Noahpinion/status/757679204435582976 …
-
-
Replying to @kimmaicutler
But we have one of the highest state taxes. So are you saying we should also be one of the highest for property as well?
2 replies 0 retweets 0 likes -
Replying to @abdur
why do you think CA has very high income taxes? http://www.economist.com/news/finance-and-economics/21701759-californias-tax-system-needs-reform-it-unlikely-get-it-stop-dreamin … http://www.lao.ca.gov/2005/rev_vol/rev_volatility_012005.pdf …
1 reply 0 retweets 2 likes -
Replying to @kimmaicutler
I'm going to stop asking every time I read more about our local and state gov I just get depressed. :(
2 replies 0 retweets 2 likes -
Replying to @abdur
yes, I mean, some people decided to undertax property in the 1970s, therefore we had to do lots of weird stuff after that.
1 reply 0 retweets 0 likes -
Replying to @kimmaicutler @abdur
why is property tax earmarked for schools and not just part of one big budget that is divided as needed?
1 reply 0 retweets 0 likes -
bc voters earmarked a portion of General Fund for K-12 w Prop. 98 after they destroyed taxes w/ Prop. 13 http://www.economist.com/node/18563678
1 reply 0 retweets 2 likes -
Replying to @kimmaicutler @abdur
ah, great. Thanks for the article, will check out.
1 reply 0 retweets 1 like
it's like slow-motion seppuku over 40 years.
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.