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Proposition 13 alters the balance of the housing market because it provides disincentives for selling property, in favor of remaining at the current property and modifying or transferring to family members to avoid a new, higher property tax assessment. [45] [46] Proposition 13 reduces property tax revenue for municipalities in California.
California's property tax law means radically different taxes are paid on similar homes. There are better ways to achieve Prop. 13's protections for low-income and older homeowners.
A malapropism (/ ˈ m æ l ə p r ɒ p ɪ z əm /; also called a malaprop, acyrologia or Dogberryism) is the incorrect use of a word in place of a word with a similar sound, either unintentionally or for comedic effect, resulting in a nonsensical, often humorous utterance.
The board made some updates to its position on the landmark proposition last year. Fact check: Is Proposition 13 under attack? SLO County supervisors disagree on changes
In the meantime, in June 1978 Proposition 13 had been approved two to one by California voters. Before the election Howard Jarvis, the leader of the Prop. 13 'taxpayer revolt', as well as of the California Apartment Association, had suggested that landlords would lower rents if Prop. 13 passed. Many voters were said to have thought that Prop ...
A “Yes on Prop. 13” ad is airing on TV, hoping to persuade taxpayers ahead of Election Day. As part of KCRA’s Commitment 2020, a panel of political experts scaled the truthfulness of the ad ...
On June 18, 1992, the court held that Proposition 13's acquisition-value assessment scheme does not violate the federal Equal Protection Clause. [12] When the court agreed to hear the Nordlinger case, Fox said the case was "life or death for Proposition 13." Fox also said: We will prove once and for all time that Proposition 13 is constitutional.
A worker stocks grocery items at Northgate Market in Los Angeles. California voters have rejected a ballot measure that would have raised the state's hourly minimum wage to $18 from $16.