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Article #21676

Property taxes

#21676
From: Kevin A. Roust
Date: Thu, 14 Jul 1994 23:00
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jjdti@seashell.chvpkh.chevron.com (Janet D. Tilander) writes:

>I really hesitate to get into this argument, I don't know that much about
>it, but I believe that CA is the only state which taxes property this way.
>Is that totally off the wall?  Every other state I've lived in regularly
>reassesses property value to determine taxation.  I don't mean this as a
>flame, I'd just like some additional input on the "fairness" of Prop 13,
>specifically if anyone knows about other states' tax laws.

Last year (maybe Nov. '92) South Dakota voted on a referendum which would
do basically what Prop. 13 does.  Basically, it would put a cap on how much
property values can increase in a year -- the figure in there was something
like 0.75% (three quarters of one percent) maximum per year.

I don't think that it passed, but I could be wrong.


Kevin A Roust
roustk@cco.caltech.edu
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From: roustk@cco.caltech.edu (Kevin A. Roust)
Newsgroups: ca.general,la.general
Subject: Property taxes
Date: 14 Jul 1994 23:00:13 GMT
Organization: California Institute of Technology, Pasadena
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