Below is the post that I was about to put in the aforementioned thread. I'm just putting it here, now, so that in the event that the thread returns, I'll have this from which to recreate it and post it appropriately therein.
———
While I agree with the vast majority of what you are saying, I have to take issue with this one ^^. CA real estate tax law is the best in the nation. If you bought a house 35 years ago, you would still be paying virtually the same taxes. By law valuation cannot be increased by more than 1% every five years for a total valuation increase of 7% over 35 years. The people who are bitching are those who buy today at inflated prices and they are paying 1% of today's sales value. There have always been those who say that two identical houses pay vastly different taxes. The Prop 13 law keeps people from being taxed out of their homes. If you can afford a $750K home, you should take into account the very reasonable 1% tax bill.
The Democraps raised quiet a howl over Proposition 13 when it was on the ballot. Jerry
“Moonbeam” Brown was Governor, at the time, and made all sorts of dire predictions about how it would cripple the state government to cut that deeply into their reach into homeowners' pockets.
I remember, in the years leading up to it, that my father occasionally expressed concern that the rising property taxes would drive us out of our home. Of course, he supported Prop 13. and he was probably correct that without it, we would not have been able to keep the house in which I grew up.
When Jerry
“Moonbeam” Brown was again Governor, for his much more recent two terms, he made a big project of trying to cut down as much as he could of Proposition 13, and I recall that he did succeed in getting a few holes knocked in it, by way of a few deceptively-worded and sold ballot propositions.
———
{QUOTE="Concerned American, post: 32261148, member: 76636"}
While I agree with the vast majority of what you are saying, I have to take issue with this one ^^. CA real estate tax law is the best in the nation. If you bought a house 35 years ago, you would still be paying virtually the same taxes. By law valuation cannot be increased by more than 1% every five years for a total valuation increase of 7% over 35 years. The people who are bitching are those who buy today at inflated prices and they are paying 1% of today's sales value. There have always been those who say that two identical houses pay vastly different taxes. The Prop 13 law keeps people from being taxed out of their homes. If you can afford a $750K home, you should take into account the very reasonable 1% tax bill.
{/QUOTE}
The Democraps raised quiet a howl over Proposition 13 when it was on the ballot. Jerry {I}“Moonbeam”{/I} Brown was Governor, at the time, and made all sorts of dire predictions about how it would cripple the state government to cut that deeply into their reach into homeowners' pockets.
I remember, in the years leading up to it, that my father occasionally expressed concern that the rising property taxes would drive us out of our home. Of course, he supported Prop 13. and he was probably correct that without it, we would not have been able to keep the house in which I grew up.
When Jerry {I}“Moonbeam”{/I} Brown was again Governor, for his much more recent two terms, he made a big project of trying to cut down as much as he could of Proposition 13, and I recall that he did succeed in getting a few holes knocked in it, by way of a few deceptively-worded and sold ballot propositions.
