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But why I should be paying DOUBLE the taxes on our house 8 years later? That seems absurd also.
BoomAndBustCycle saysBut why I should be paying DOUBLE the taxes on our house 8 years later? That seems absurd also.
Because you're RICH now! C'mon, man, you know you have to pay YOUR FAIR SHARE!
Why is any house assessed every year and you have to pay taxes on their assessment?
mell says
Why is any house assessed every year and you have to pay taxes on their assessment?
This is how we in US have decided to do it for some reason. UK somehow survives with RE transaction tax only, no property tax in our sense of the word.
i know many people from other countries too, nature of the Valley life (russians, ukrainians, armenians, georgians, mexicans). It's surprising how many of them own properties back in their home land and there is no such thing as property taxes there. None at all. And yet that government makes it just fine.
A lot of them come here to suck at the welfare
Taxing a business is worse than shooting babies in the face because theft of shareholder value.
Only tax cuts and shooting poor people in the back are reasonable.
Why would anyone support higher taxes in a state that already has the highest taxes?We're only supporting fairer taxes that get levied equally.
Patrick saysCommercial property should not be exempt from property tax increases because businesses can live forever, never resetting their tax basis.
Fuck! California already has one of the most unfriendly private business environments in the country. And that's despite Prop 13. Prop 15 will just accelerate the bloat in the most bloated public sector in the US. Don't hold your breath waiting for those trickle down tax dollars to make it to you..
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I agree with Zuckerberg on this one.
Commercial property should not be exempt from property tax increases because businesses can live forever, never resetting their tax basis.