Maybe they tax the people leaving for Texas, Oregon, Nevada, Arizona, and Washington to pay for it?
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home appreciation taxed as a cap gain at sale...bigger contributing factor to low turnover than Prop. 13
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Not true. Capital gains taxes at similar rates in other states w/o prop 13. Still see much higher property turnover.
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There is an effort, not really a movement, to eliminate Prop 13 for commercial properties.
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@kimmaicutler But, but see they're showing a CONSCIENCE! They are CONCERNED! They are so LIBERAL!@pcohensfThanks. Twitter will use this to make your timeline better. UndoUndo
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