Other states like Washington, Colorado and Utah all have property tax exemptions or deferrals for seniors and people on low-incomes. Prop 13 was sold as something to protect grandma but in reality it is used by commercial real estate ownershttp://www.sfchronicle.com/opinion/openforum/article/Close-the-Prop-13-commercial-property-tax-12309595.php …
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Among residential beneficiaries, in reality, the vast majority of benefits go to high-income households according to the state’s legislative analyst office. http://lao.ca.gov/Publications/Report/3497#Do_Proposition_13.2019s_Benefits_for_Property_Owners_Vary_With_Income.3F …pic.twitter.com/2BdV3RmrJG
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You can just create a low income exemption like the state of Washington. Problem solved.
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Here please read this book on property taxes and come back to me when you’re done: http://www.lincolninst.edu/sites/default/files/pubfiles/a-good-tax-full_3.pdf …
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In contrast, mountain view is having a baby boom. There's soaring school enrollment and new public schools under construction. Almost every house on my block has young kids.
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majority tenant suburb, more pro-construction. Cupertino/some parts of San Jose are bad!
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SF is a bi-modal distribution, lots 20-30 somethings and then boomers w/out or post-kids.
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Prop. 13 is demonstrably regressive. Please read the
@LAO_CA report! http://lao.ca.gov/Publications/Report/3497#Do_Proposition_13.2019s_Benefits_for_Property_Owners_Vary_With_Income.3F …Thanks. Twitter will use this to make your timeline better. UndoUndo
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Bwahahah you are a hilarious troll account.pic.twitter.com/vl4gls30OH
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Uh you claim to be representing the interests of POC and then you were tone policing a female founder of color who brings water access to low-income residents of Detroit. Whatever!
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