Who is advocating for a straight repeal?
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Income exemption is bad bc people with income have bought land in order to write down taxable income. Would glut market with inventory.
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We need a glut!!
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Or something. Or start repeal with split-roll and P58 exemptions on second homes.
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Omg you can inherit P13 rates on multiple homes? Jfc
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Not to be dismissive, but these are 1% edge cases that have solutions, especially with all the CA wealth capture we're talking about
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