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08-31-2020, 12:35pm | #21 | ||||||
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Just got this from my daughter. Maybe this guy can win for governor in 2022 to replace Gavan "Nuisance".
https://majorforgovernor.com/ |
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08-31-2020, 12:40pm | #22 | ||||||
A Real Barner
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Growing up I thought CA would be a wonderful place...a dream state to live in. The music, movies, beach, etc...I bought into the Beach Boys, American Graffiti, etc..
My relatives settled near Redondo Beach, after WW2. We visited with them in the late '70s. I was only there a week, but, enjoyed the tourist stuff. I enjoyed the vaca...but, thought...what a disappointment. Too crowded for me. Decades later I had to go on .biz trips to SF, Newport Beach, Palm Springs, and nearby areas. Short stays, enjoyed the trips, but still thought I could never live there like I thought about when growing up. |
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08-31-2020, 12:58pm | #23 | |||||||
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08-31-2020, 1:01pm | #24 | |||||||
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Says the frog. |
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08-31-2020, 1:32pm | #25 | ||||||
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08-31-2020, 1:40pm | #26 | ||||||
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08-31-2020, 6:45pm | #27 | ||||||
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08-31-2020, 7:20pm | #28 | |||||||
Moderatrix
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09-01-2020, 7:47am | #29 | |||||||
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California passes SB 145
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09-01-2020, 8:16am | #30 | ||||||
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09-01-2020, 8:17am | #31 | ||||||
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09-01-2020, 8:22am | #32 | ||||||
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09-02-2020, 1:50pm | #33 | ||||||
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We fled San Diego in '06 and don't miss it one bit. I loved growing up there, but when I had to start "adulting," stuff got real. I found that I was angry - A LOT! I found true peace here in Texas. We went back last year for a few days and it only confirmed that we made the right decision. Also, if I thought I was angry before, I would probably have gone true postal if I had to live under that Newsom clown. Also, they might actually get Prop. 13 repealed this time, that's really scary.
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09-02-2020, 1:55pm | #34 | |||||||
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09-02-2020, 4:50pm | #35 | ||||||
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09-02-2020, 7:33pm | #36 | |||||||
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09-02-2020, 7:40pm | #37 | ||||||
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09-02-2020, 9:35pm | #38 | ||||||
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Prop 13 limited the rise in assessed value of properties for taxation purposes. There were cases where long-term resident were being taxed out of their homes, even when they had tiny mortgages. Assessments can be adjusted when the property is sold or rebuilt. While this seems good in general, it has driven all sorts of weird behavior; transfer of properties for the 55 plus crowd, remodels that leave a single element in place but totally change the rest of the property, and others.
At some point, there will be more renters than owners in the state, and the law will almost certainly be repealed. There are some throttles on any likely repeal, but nothing like the current 2% max in place that was based on 1976 value, or at the time of build if after 1978. I believe the initiative this year is against commercial/industrial properties of a minimum value, not residential. Given this is a democratic dominated state, it's only a matter of time... |
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09-02-2020, 9:37pm | #39 | ||||||
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Proposition 13 (officially named the People's Initiative to Limit Property Taxation) is an amendment of the Constitution of California enacted during 1978, by means of the initiative process. The initiative was approved by California voters on June 6, 1978. It was upheld as constitutional by the United States Supreme Court in the case of Nordlinger v. Hahn, 505 U.S. 1 (1992). Proposition 13 is embodied in Article XIII A of the Constitution of the State of California.[1]
The most significant portion of the act is the first paragraph, which limits the tax rate for real estate: Section 1. (a) The maximum amount of any ad valorem tax on real property shall not exceed one percent (1%) of the full cash value of such property. The one percent (1%) tax to be collected by the counties and apportioned according to law to the districts within the counties. The proposition decreased property taxes by assessing values at their 1976 value and restricted annual increases of assessed value to an inflation factor, not to exceed 2% per year. It prohibits reassessment of a new base year value except in cases of (a) change in ownership, or (b) completion of new construction. These rules apply equally to all real estate, residential and commercial—whether owned by individuals or corporations. The other significant portion of the initiative is that it requires a two-thirds majority in both legislative houses for future increases of any state tax rates or amounts of revenue collected, including income tax rates. It also requires a two-thirds vote majority in local elections for local governments wishing to increase special taxes. (A "special tax" is a tax devoted specifically to a purpose: e.g. homelessness or road repair; money that does not go into a general fund.) Proposition 13 has been described as California's most famous and influential ballot measure;[2] it received an enormous publicity throughout the United States.[3] Passage of the initiative presaged a "taxpayer revolt" throughout the country that is sometimes thought to have contributed to the election of Ronald Reagan to the presidency during 1980. Yet of 30 anti-tax ballot measures that year, only 13 measures passed.[4] A large contributor to Proposition 13 was the sentiment that older Californians should not be priced out of their homes through high taxes.[5] The proposition has been called the "third rail" (meaning "untouchable subject") of California politics, and it is not popular politically for lawmakers to attempt to change it.[6] https://en.wikipedia.org/wiki/1978_California_Proposition_13 |
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09-02-2020, 9:52pm | #40 | ||||||
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