I agree the proposed wealth tax is a bad idea, but raising property taxes is probably not viable. They are incredibly unfavorable to voters. No one who owns a home wants to pay rent, that's why you buy in the first place.
Personally, this is why I am fine with higher income or sales taxes.
> No one who owns a home wants to pay rent, that's why you buy in the first place.
If this is actually a common attitude, people are... ridiculous. Real property is a limited resource, and allowing people to own property comes with strings attached. This is a pretty normal thing in very many places.
But I do agree that raising property taxes in CA in particular is a politically toxic topic.
MrZander · · focus · HN ↗
Personally, this is why I am fine with higher income or sales taxes.
kelnos · · focus · HN ↗
If this is actually a common attitude, people are... ridiculous. Real property is a limited resource, and allowing people to own property comes with strings attached. This is a pretty normal thing in very many places.
But I do agree that raising property taxes in CA in particular is a politically toxic topic.