Should prop 13 be repealed

It's time to repeal prop 13 it's time to repeal proposition 13 and for all of us to finance city services and schools fairly and squarely lynne shapiro, marina del rey. Backers of the partial proposition 13 repeal outside the monroe clark middle school in san diego courtesy schools and communities first a ballot initiative that would repeal proposition 13 for. Should prop 13 be repealed 1562 words feb 21st, 2018 6 pages california is known for hollywood and its wonderful climate, where people meet celebraties and they can wear shorts in the middle of winter, but california is also know to be one of the few states that allow its citizens to vote for laws.

Prop 13 needs to be repealed, modified, whatever, but why should the newest homeowners have to shoulder the load of taxes, while those who have lived the longest in one location get a substantial reduction, yet they reap the same public service benefitsmakes no sense. Prop 13 is fundamentally anathema to this principle: if your parents were able to buy a home 30 or 40 years ago, the state dramatically subsidizes your property tax bill for the rest of your life. Once again, the tax and spenders are beating the drums to nullify proposition 13, the california proposition passed 36 years ago that’s responsible for saving millions of homes from government. Prop 13 should be repealed and replaced with an equivalent state tax credit if you meet income restrictions this will automatically take care of the poor homeowners income and not age should be a determining factor.

When we repeal proposition 13 we will not only return the state to a fair and equitable real estate property tax collection system but most importantly restore its fiscal solvency. Prop 13 passed with 63 percent of the vote in 1978 in the face of growing concern that senior citizens were being forced from their homes because they were unable to pay fast-rising local. From time to time, hjta members write and ask what to tell a new neighbor who just doesn’t understand proposition 13 those who have owned their homes for a while, easily see the value of proposition 13.

The default progressive position should be to repeal prop 13 while granting need-based tax exemptions only to owners of a single home who live there every other part of prop 13 is garbage 11:32 am - 29 oct 2018 2 retweets 8 likes 2 replies 2 retweets 8 likes reply 2 retweet 2. Prop 13 won't be repealed any time soon, if at all probably never, old people and people who own homes in california are the kinds of people who vote anyway, logically the rise in taxes and monthly escrow costs would correspond with a drop in housing prices, since people buying a house can only pay so much per month. Proposition 13 (officially named the people's initiative to limit property taxation) was 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 declared constitutional by the united states supreme court in the case of nordlinger v hahn, 505 us 1 (19. Proposition 13 requires a two-thirds vote of the legislature to increase state taxes, and, supplemented by howard jarvis taxpayers association–sponsored proposition 218, the right to vote on taxes act, it requires voter approval of all new local taxes.

Should prop 13 be repealed

Repeal the two-thirds majority component of prop 13 in doing my homework on the slate of state propositions for the may 19 special election , i am starting to feel like repealing proposition 13 ‘s two-thirds restriction on the legislature for tax increases would be a good idea. A 2020 california ballot initiative now appears likely to repeal the state’s famous proposition 13 limitations on property tax increases and reassessments for commercial property, while leaving. Backers of the partial proposition 13 repeal outside the monroe clark middle school in san diego but has repeatedly stated that prop 13 reform should be part of a “broader conversation on. California republicans see proposition 6, a measure on the november ballot to repeal a state gas tax increase, as a way to launch another tax revolt like proposition 13 did in the 1970s republican diane harkey stood to demaio’s left.

I assume you mean for california if so, then yes, it should be repealed when i started elementary school, california schools were the envy of the nation, then prop 13 was enacted and the schools have done nothing but gone downhill since. Prop 13 and follow-up initiatives restricting tax increases at the state and local level “ran a big, ragged hole through the budgets of local government,” argues los angeles county supervisor. Leading gubernatorial candidate gavin newsom has voiced lukewarm support for the concept, but has repeatedly stated that prop 13 reform should be part of a “broader conversation on tax reform.

Prop 13 limits property taxes to 1% of the property’s assessed value the property’s assessed value equals the property’s base value (the property’s value at the time of purchase), plus an inflation factor determined by california’s consumer price index (cpi. A state policy expert offered an unexpected solution to california’s housing affordability crisis: amend prop 13 chris hoene, executive director of the california budget and policy center in. The proposal pairs 100% immediate expensing with unlimited loss carryforward for all tangible and depreciable personal property assets and real estate improvements, except land the proposal would also eliminate the business interest expense deduction the proposal does not explicitly repeal nor preserve section 1031 like-kind exchanges. Prop 13 prevents the boom and bust cycle with property taxes, towns have to be fiscally responsible and manage a fixed and predictable budget prop 13 doesn't prevent bonds and other voter supported increases to property taxes.

should prop 13 be repealed If you’ve heard of proposition 13, you probably know that it cut property taxes back in 1978, which reduced funding for public schools and other services it also has a lot to do with the state’s shortage of housing and, many argue, the fact that rents are so darn high. should prop 13 be repealed If you’ve heard of proposition 13, you probably know that it cut property taxes back in 1978, which reduced funding for public schools and other services it also has a lot to do with the state’s shortage of housing and, many argue, the fact that rents are so darn high. should prop 13 be repealed If you’ve heard of proposition 13, you probably know that it cut property taxes back in 1978, which reduced funding for public schools and other services it also has a lot to do with the state’s shortage of housing and, many argue, the fact that rents are so darn high.
Should prop 13 be repealed
Rated 3/5 based on 40 review

2018.