View Single Post
Rtrorkt Rtrorkt is online now
Registered
 
Rtrorkt's Avatar
 
Join Date: Jul 2010
Location: Where ever I am
Posts: 4,291
techweenie, i was not talking about my income tax which is significantly lower here in VA than in CA. I get that CA is sending more than it gets back to the Feds. I was simply talking about my local property taxes. That is all local. I suppose you might argue that the local taxes are high because the state is unable to support due to sending money away to Washington but none the less, everything is triple in taxes.

Prop 13 basically upset the normal flow of money. In most states, as I understand it, 1/3 of revenue comes from income tax, 1/3 from sales tax and 1/3 from property tax. In CA with prop 13, the property tax is less than 20% of the budget due to the rules. Those rules say your property tax can never go up once you own your house. And I know why, with folks getting taxed out of their homes. However, the burden then fall disproportionally on new home buyers, like me. The previous owners of my house paid less than 1/2 of what I am paying. The system ends up with a two class system.

And the politicians have done nothing to reset their spending habits to coincide with the revenue reality. There is the same us against them Repubs and Dems as in DC.

Fundamentally CA has a seriously flawed tax system. The burden will continue to fall on the middle class who frankly should protest.
__________________
'86 944T black/red, chip, fuchs 8's and 9's- Sold
'97 Boxster silver/red, big mistake - Sold
'99 C2, silver/black, RoW M030 - sold
"69 912 white w/ '86 3.2L (like the pic, just not the pic)
Old 01-14-2013, 06:42 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #158 (permalink)