Quote:
Originally posted by dd74
Yes, but in return for stupid kids, we have lower property taxes. Thank Prop. 13, which everyone voted in favor of...
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I don't think that's true. With housing prices among the highest in the nation, $340,000 average for the state I think, and 1.25% property tax, that's an average of $4,250 per house in property taxes. I know that the assessed value is based on the sales price, but truthfully, how many people are living in houses that they bought pre-prop 13? Also with 8.25% sales tax in Los Angeles, that has to be one of the highest rates in the country as well. The problem, IMHO, is the large influx of low wage earning immigrants, (legal and illegal). The state spends $7,300 per student in education, who pays for that? Answer, the rich, certainly not the poor. If you have two kids in school thats $14,600/year in education costs alone, never mind, police, fire, flood control, roads, etc. If you earn $60,000/year, you might pay $4k in income tax, another thousand or two in sales tax. Look at Los Angeles Unified School District, its something like 70% hispanic, do you think all those kids parents each pay $7,300 in taxes for each of their kids to go to school, plus all the other government services. In summary, it isn't the property taxes, actually, maybe it is... I suppose I could have my current property tax bill doubled or tripled to pay for some other persons kid to go to school. I read in the L.A. Times recently that something like 70,000 households in Los Angeles County get Section 8 housing subsidies of about $1,000/month. That's $12,000/year, so the way I see it, me and my neighbors property tax bill is going to support one family that wants to live in one of the most expensive real estate markets in the United States, no wonder we don't have money for schools, they just took my property tax bill check and gave it away for housing, not my kids education, nor someone else's. No wonder we don't have good schools.