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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Any Prop 13 reform will need to hold those with homeowners exemptions harmless, at least initially, and be revenue neutral to pass IMHO.
Prop 13 reform should happen because it causes taxation disparities, not because we want to extract more money from taxpayers.
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