Unfair Property Tax Base
- Share via
“The family home sits on an unfair tax base” with widely varying assessments up and down the block, the result of a taxpayer revolt against being taxed on paper profits by tax-omnivorous public agencies.
The proposed solution?
Since the stay-putters (Stall’s term) aren’t willing to give up the benefits of Proposition 13, knowing that to do so would move much of the middle-class slowly but surely into the “homeless” category, why not sneak up on them by letting “stay-putters’ homes to grow at a slightly faster rate than the present maximum 2%, but keep them capped at a reasonable rate. . . . The equity gap would be closed over the years.”
Sounds like a progressive repeal of Proposition 13.
JOHN CARL BROGDON
Long Beach
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
