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Mark Zuckerberg is spending millions like never before to overhaul Prop 13


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2020 Oct 15, 7:11pm   2,324 views  80 comments

by Patrick   ➕follow (59)   💰tip   ignore  

https://www.vox.com/recode/21508914/mark-zuckerberg-priscilla-chan-proposition-13-split-roll-california-politics

When Proposition 13 passed in California four decades ago, it capped both residential and commercial property taxes by assessing most property’s value based on how much it was worth as far back as 1976, with minimal established tax increases. Homeowners and businesses alike embraced the legislation, but critics say it has left California with far less money for schools, roads, and other social services for its 40 million residents. Studies say that California, which has the highest poverty rate in the country and is grappling with a housing crisis, needs as many as 3.5 million new homes by 2025 and $22 billion more in school funding.

This year’s Proposition 15 would reform Prop 13 so it only applies to residential and agricultural properties. Homeowners’ taxes would stay the same while many businesses’ property tax payments would go up. That’s why it’s called “split roll.”

The split-roll fight was expected to be explosive — but then the coronavirus pandemic overwhelmed California politics and took up voters’ attention. That might be why you haven’t heard as much as you might think you would about the chance to finally amend a landmark law that undergirds so much of life in California. The most recent polls have shown the split-roll effort with just over 50 percent support.


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.

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71   Eric Holder   2020 Oct 19, 10:33am  

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.
72   FortWayneAsNancyPelosiHaircut   2020 Oct 19, 10:52am  

Eric Holder says
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.

Yet here in CA, taxes are insane, and they constantly cry that it's not enough. It's fucking insane how much socialism we have here.
73   Ceffer   2020 Oct 19, 11:08am  

FortWayneAsNancyPelosiHaircut says
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 and government largesse tit while keeping property that they can flee back to at any time. They literally have contempt for USA for being so stupid.

One girl that worked for me said her mother was on every welfare ticket in the book, and owned five rental properties and a small farm in her native country.

A lot of the foreign health professionals are here specifically to tap into the insurance and public health fraud faucet. I heard one doctor say, "It's all about what you can get out of them." when referring to the medical consumer public.
74   Blue   2020 Oct 19, 4:47pm  

Ceffer says
A lot of them come here to suck at the welfare

I know a couple together make a little over mil/y. The women brought her brother few yrs ago, later parents and bought a Prius and within 2 yr Tesla for them again and put them under gov offered health plan for elders, not sure what else they are after gov programs. He is a retired gov officer from India and still getting tons of gov pension there on top of his life time bribes.
75   just_passing_through   2020 Oct 19, 6:17pm  

APOCALYPSEFUCKisShostakovitch says
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.


Right, only dumbasses don't know the proper way to kill babies is to use tree trimming shears to snip the spinal cord at the origin of the Ligamentum nuchae.

If that doesn't work the next option is to use a strong dental pick to stab them in the head.
76   CashWillCrash   2020 Oct 19, 10:12pm  

Why would anyone support higher taxes in a state that already has the highest taxes?
Maybe a loser who lives off the system and doesn’t care how many businesses flee the state.
First they go after the “rich” businesses, and next they go after “million dollar” residences and at the end they will tax all of us to death or force us to move to Texas.
No way I’m voting for that! All they need to do is cut spending.
77   HeadSet   2020 Oct 20, 6:50am  

First they go after the “rich” businesses, and next they go after “million dollar” residences and at the end they will tax all of us to death or force us to move to Texas.

Yes, and then the refugees bring the same voting policies that ruined CA and apply them in TX.
78   porkchopXpress   2020 Oct 20, 8:27am  

I agree with Zuck on this. I voted yes on Prop 15 and will vote yes to repeal Prop 13 for all the reasons stated by others. Then, everyone will freak out and we'll need a better form of levying property tax. I've said this before, but property tax should be assessed based on the size, type and location of the land, not the market price which is what kicks granny to the curb. Taxes should be levied based on the expenses that need to be covered.
79   porkchopXpress   2020 Oct 20, 8:29am  

CashWillCrash says
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.
80   SunnyvaleCA   2020 Oct 20, 11:43am  

NuttBoxer says
Patrick says
Commercial 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..

"Business unfriendly" cuts both ways with Prop 13. If you want to build a new business, you'll be paying full taxes on your new building whereas your competition, entrenched for 20 years, will be paying almost nothing. So, in this case, Prop 13 further stagnates the business environment.

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