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agent281 | 10 months ago

California can't raise property taxes unless Prop 13 is repealed and that's a very high bar to pass.

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ImJamal|10 months ago

A lot of retired people would lose their houses so it would be a political disaster to remove it.

agent281|10 months ago

Yeah, I think we should keep that aspect of prop 13. That is what it was originally billed as.

It just doesn't make sense that golf courses pay taxes that are more aligned with the 70's property values.

If there was ever a major change to prop 13 taxes, I think we would need to phase in the new taxes over a five to ten year period. Otherwise, the market would be thrown into chaos.

ActorNightly|10 months ago

I mean, majority vote for a certain candidates should do it. If enough people bothered to vote, it could happen.

agent281|10 months ago

You would need to overturn the proposition directly. The state Congress can't overturn it so you would need another proposition. That's a "simple" majority vote, but it's the third rail of California politics. We almost got it removed for businesses, but COVID happened and people were not in the mood for raising taxes.