California Attorney General Uses Misleading Language To Raise $12.5B In New Taxes – IOTW Report

California Attorney General Uses Misleading Language To Raise $12.5B In New Taxes

Despite paying the highest taxes in the nation, residents in California could soon be paying even more if Democrats get their way. One America’s Pearson Sharp explains how the state’s attorney general is looking to take apart Proposition 13 and raise California’s property taxes.

10 Comments on California Attorney General Uses Misleading Language To Raise $12.5B In New Taxes

  1. If you think people are leaving California now just wait. I pay $13,200.00 a year just on my home. WTF. These people are insane. They will turn this housing market to shit and end up with a huge negative impact on revenue within 2 years.

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  2. I pay 55 dollars a year. And that’s too much. What the fuck am I paying for? (It’s a rhetorical question… I know some libtard puppet on IOTW will try to enlighten me on why property taxes exist)

    Look up the definitions of state sales taxes. Then look up the definitions of property taxes. Are your eyes bugging out yet?

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  3. You should have left CA years ago. Certainly as soon as the Dems got a supermajority you shoulda put your house on the market the next day.

    Too late, too bad. I’m sure lot’s of people told you to, but you just didn’t listen.

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  4. The funny thing about Prop 13… It didn’t save homeowners anything. It may have kept the WWII generation in their homes thru their retirement, but that’s about it.

    The cities and counties just added absurd planning & permit fee’s to new house construction. The average in the SF Bay Area is $140,000 in planning fee’s per house. This massively distorts the housing market. Essentially, any house with a valid occupancy permit is worth the cost of those fee’s. So fast forward 40 years and you end up with shoddy 1950’s era houses selling for $600,000, and the new homeowner’s are all too happy to only pay $6k a year in property taxes, which is pretty much the same as a high property tax state, and end up forking over $400,000 in interest to their bank over the 30 year life of the loan.

    See how it works?

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