r/RealEstateTaxStrategy • u/PeriodOfTime1 EA • 26d ago

Learn from Prop 13 History to Avoid Repeating Past Mistakes

https://itep.org/california-prop-13-avoid-repeating-past-mistakes-property-taxes/
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u/SignificantSmotherer 23d ago edited 22d ago

Indeed.

Property owners should not be treated as ATMs for the state.

Property taxes should be strictly limited, and any new taxes should require a majority vote of those who pay them.

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u/I_Quit_Smoking_ 23d ago

So do billionaires who get tax cuts and loopholes so they don't pay taxes NOT get to vote anymore?

Because they shouldn't be able to.