this post was submitted on 02 Aug 2023
17 points (100.0% liked)
City Life
2111 readers
1 users here now
All topics urbanism and city related, from urban planning to public transit to municipal interest stuff. Both automobile and FuckCars inclusive.
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Until you realize overwhelming majority, (70+percent) of the tax deduction is on commercial property (hence California strip malls because you’ll never get updated tax when you never upgrade your commercial facility) and luxury residential property over 2mm and that’s why we have to have income tax in California.
Has anyone proposed not having tax increases on primary residences, but freely increasing taxes on all other real estate?
Yup! But it gets shot down pretty fast anytime people bring it up.