1) Land tax. Low property taxes that Californians voters passed in 1978 got capitalized into higher housing values.https://twitter.com/AaronPeskin/status/760238274384236544 …
property tax revenue is mostly state funneled back out to K-12. Could you reform that cap gains pt?
-
-
In my proposed real estate recapture excise tax, you could direct that to local jurisdictions
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Hard lift. Cap gains is income tax, a form only 100 years old. Property tax has feudal origins.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Enormous interests would defend income / property sources, appropriations and allocation formulae.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Political effort probably better spent on split roll, residential mortgage deduction, form-based zoning
-
You could get majority support for a revenue neutral split roll (increase homeowner's exemption)
- 1 more reply
New conversation -
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.