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’ ...
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 ...
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 ...
Prop. 13 made two key changes to the state’s property-tax system. It generally set the tax rate on properties to 1% of their worth, down from a statewide average of about 2.7% at the time it was ...
What few California voters know is that when the Farrell case was at the Court of Appeal level in San Francisco, it was Gov.
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 ...
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 ...
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