Opinion: Tax hikers reach new low in search for reasons to repeal Proposition 13
A recent report by the Tax Fairness Project and the San Francisco Bay Area Planning and Urban Research Association found that Proposition 13 saves Oakland homeowners of all backgrounds thousands of dollars per year in property taxes compared to a scenario in which Prop. 13 was repealed and homes were taxed on their current market value.
The proposed remedy, then, reading between the lines of the report, is to axe Proposition 13 so no one saves any of that money anymore and everyone just pays thousands of dollars more in taxes in the name of fairness or whatever. The second main point of the report gives away the whole point of even bringing up this confused idea of punishing lower-income homeowners with higher taxes so as to correct this perceived injustice.
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