California, a feudal, inherited state. Don't sell your house bc your kids, grandkids can keep your 70s-era tax rates http://www.lao.ca.gov/Publications/Report/3693 …pic.twitter.com/25sRais4CX
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but if your kids couldn't afford to stay and wanted to, then you'd bequeath to them at the same tax rate.
Then the kids can be super smug to their higher taxed neighbors, as if they've done something clever.
Sorry, I meant literally have the government give incentives ($) to older homeowners to sell, so the property tax base gets reset.
Who's business is it to decide where others want to live?
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