I think many Californians (& others) don't understand how much Prop 13 makes property taxes vary between adjacent houses, based on when house was last sold. The red property tax numbers in this image are normal in California. (Smaller white-on-black is house price estimates.)
A local resident is OUTRAGED that sales taxes might go up to fund transportation! NICKEL AND DIMING! TAXES ARE TOO HIGH! THE BAY AREA IS TOO EXPENSIVE! Sounds like this resident is in dire straights! I'm sure their property taxes must be very high, very fair, and ohmygod .06%?!

Oct 30, 2019 · 4:46 AM UTC

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Replying to @davidbaron
"Palo Alto paid the lowest effective property-tax rate of any city in the state at 0.42 percent" bizjournals.com/sanfrancisco… I've owned my current house for 13 years, and I am already paying only 50% of what I could. Instead, the money goes to school donations.
Replying to @davidbaron
The best part is that it gets inherited - so in 300 years, some neighbors may easily pay over 500x more than their other neighbors.
Today, some homeowners pay 10x (that's 10 times) a neighbor each year in property tax. 300 years from now, that grows to a multiple of 503x in property tax. $489K versus $246M Thank you voters in 1978 California for #Prop13! How will the state survive this?
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