Predictably, this guy lives in a $2.8M Noe Valley home w/ a tax assessed value of $77K. #Prop13fiscalizeslandusehttps://twitter.com/juliacarriew/status/772849656833290240 …
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Replying to @kimmaicutler
If not for Prop 13, I would be paying so much tax on my $1.5M Potrero Hill home I would have to sell. To someone rich
@kimmaicutler@Altimor2 replies 0 retweets 1 like -
Replying to @DavidKennerly @Altimor
then defer obligations until people choose to sell.
1 reply 0 retweets 1 like -
Replying to @kimmaicutler
"Obligations?" In other words, my prescient investment, made decades ago, should incur exit tax from which I will not benefit.
@kimmaicutler6 replies 0 retweets 0 likes
Replying to @DavidKennerly
why should housing (aka shelter, a human necessity) receive so many artificial interventions like the capital gains exemption
5:53 AM - 6 Sep 2016
0 replies
0 retweets
4 likes
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