Also, CA has lower effective property tax rates but the highest income tax rates. Seattle has no income tax but property taxes aren't cappedpic.twitter.com/Uy0Qm1HatD
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tax (& its volatility) won't make up for a deeply distortionary land use, property tax system in CA.
Why should individuals be forced to deal with income volatility, rather than the state with far more income diversity and expertise?
Incorporate the worst elements state tax policy into a massive tax grab for Sacramento....What a great idea.
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