*Attorney Antonio Moore discusses how in his view California Proposition 13 that caps taxes changed the meaning of home ownership in California. The proposition in effect caps tax increases by 2 ...
Billionaire gubernatorial candidate Tom Steyer has signaled support for a referendum to reverse parts of Prop 13. Steyer has not solidified any plans, but early reports are that he’s supportive of a ...
State voters passed Prop. 13 in 1978 in response to rapid increases in home values at the time. Voters were concerned that property taxes — which at that time were directly linked to properties’ ...
Among the many problems California faces the next fiscal year, none is more important than the needs of local governments and the lack of funding. Much of the lack of local financial stability stems ...
The no-one-over-50% “scam” is simply a state law that Democrats have refused to rewrite. They prefer to feign outrage at cleverly structured ownership changes and then pivot to the argument that all ...
Every so often, a familiar complaint bubbles up: “Why does my neighbor pay a few thousand dollars a year in property taxes while mine is in the tens of thousands?” It sounds unfair at first blush. But ...
Proposition 13 has been under attack ever since Californians approved the historic property tax reform initiative, and this year is no exception. The argument is more of the same, a rehash of the ...
As California considers taxing the wealth of billionaires, one San Francisco academic said he believes it’s long past time to rethink and revamp what many consider to be the original wealth tax — the ...