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  2. Homestead exemption - Wikipedia

    en.wikipedia.org/wiki/Homestead_exemption

    Different jurisdictions provide different degrees of protection under homestead exemption laws. Some protect only property up to a certain value, and others have acreage limitations. If a homestead exceeds the limits, creditors may still force the sale, but the homesteader may keep a certain amount of the proceeds of the sale.

  3. Exempt property - Wikipedia

    en.wikipedia.org/wiki/Exempt_property

    Other states, such as Arizona, are more strict and may exempt only $150 in a checking account comparatively speaking. Even further, other states have more moderate policies, with California's homestead exemption law providing between $300,000 to $600,000 of exempt equity in a homestead, depending on the county where the debtor is located. [2]

  4. Property tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Property_tax_in_the_United...

    Nearly all jurisdictions provide a homestead exemption reducing the taxable value, and thus tax, of an individual's home. [49] Many provide additional exemptions for veterans. [ 50 ] Taxing jurisdictions may also offer temporary or permanent full or partial exemptions from property taxes, often as an incentive for a particular business to ...

  5. Homestead Exemption: What It Means and How To Qualify - AOL

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  6. A Guide to Property Taxes on Your Home - AOL

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    Step 4: Consider Exemptions and Deductions. Some jurisdictions offer property tax exemptions or deductions for certain property owners, such as senior citizens, veterans, or individuals with ...

  7. What Is a Homestead Exemption on Your Taxes? - AOL

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  8. 1978 California Proposition 13 - Wikipedia

    en.wikipedia.org/wiki/1978_California_Proposition_13

    Sales tax rates have also increased from 6% (pre-Proposition 13 level) to 7.25% and higher in some local jurisdictions. [58] In 1991, the Supreme Court of California ruled in Rider v. County of San Diego that a San Diego County sales tax to fund jail and courthouse construction was unconstitutional. The court ruled that because the tax money ...

  9. Ad valorem tax - Wikipedia

    en.wikipedia.org/wiki/Ad_valorem_tax

    Practically speaking, every jurisdiction collecting real estate property tax includes land value tax, since land value has a meaningful impact on the overall property value. In 1879, Henry George published Progress and Poverty , by which he advocated a flat tax on lands based on the original unimproved value of the latters in their natural ...

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