On Nov 5, 12:22 pm, Twibil wrote:
On Nov 5, 8:59 am, RHF wrote:
Now there is a proposal I can really get behind. Tax property on what is
actually PAID for it, not what some pencil pusher says it should be worth,
since the property owner isn't getting any more use out of the property than
he did when it was bought, major improvements notwithstanding, of course.
-aka- California's Prop 13
Uh, no, Prop 13 was introduced -and the campaign paid for- largely by
big business; who collectively designed it to take a huge chunk of the
property-tax burden off of *their* shoulders and shift it onto those
of California's middle-class wage-earners.
Oh Yeah the Evil of Big Business
-note- Basic Trust In People To Do Right
By People : Because It Is In The Self
Interest of The Body of People.
-that's- Social Economic Synergy ©
Hey May Be Big Government is Evil Too
-note- Trusting in an Entity "Government"
-wrt- Government the fundamental 'corpus'
of Corporation : Created By Itself For Itself
and Eventually Taking On a Life Unto Itself.
Wow Big Business + Big Government :
It's a Double Whammy !
Here's how it works: Under prop 13, property tax assessments may not
be raised from the level they were at when 13 passed, but this only
applies to the folks (and corporations) who happened to already own
their property at that time.
- Anyone buying a new home, or buying one
- that has been previously owned, is taxed at
- the present-day rates,
OK that's their Baseline {Starting Point} and True.
http://en.wikipedia.org/wiki/Califor..._13_%281978%29
- and their taxes are *not* frozen :
- they can be -and are- reassessed regularly.
OK Now Is That True ?
http://en.wikipedia.org/wiki/Califor..._13_%281978%29
- This means that the longer you've owned your
- property, the lower your tax rates are as compared
- to those who've bought real-estate since 1978.
- And since nearly *all* homeowner-owned property
- has changed hands one or more times since '78,
"ALL" is an Absurd generalization since clearly
I personally know of several/many California Home
Owners who are still in their Homes from the 1970s
to this day -so- Many/Most would be more appropriate
and valid in this statement of 'supposed' facts.
- comparatively few middle-class homes
- are still being taxed at the low original rates,
Prop 13 allows for a 2% per Year Increase in the
Assessment on All Real Property in Cali-$-Ni-A
http://en.wikipedia.org/wiki/Califor..._13_%281978%29
while the really *huge*
- (and far more valuable) tracts of land owned by big
- agribusiness and corporations such as the railroads are still paying
taxes at the 1978 rate, and their taxes will *never* go up.
Resulting in a Lower Cost of Products {Goods}
and Services to many {most of the} End Users
Consumers/Customers the Citizens of California.
Like It Sort of Like All 'Balances-Out' in the End.
So, since the property taxes of big businesses have essentially been
frozen ever since 1978, the middle-class new home buyer has assumed
more and more of the property tax burden as time has gone by, and will
assume even *more* of it in the future if nothing changes.
Thus many Big Business have 'stay' in Cali-4-Ni-A
especially those that are "Land" Based like AGRA.
Business = Jobs = Home Ownership Government
B-Taxes = J-Taxes = P-Taxes Government
- This is not exactly what you'd call a tax system
- designed to spread the load equally,
COLLECTIVELY AMERICANS :
Helping Americans {Business}
Helping Americans {Workers}
Helping Americans {Government}
HELPING EACH OTHER & THEMSELVES
{ That's Social Economic Synergy } © ~ RHF