[strictnein]

You're proposing an additional $2500 a year tax on a $250k home? And a $5000 a year increase on a $500k home? I don't foresee this being very successful.

[Gibbon1]

I'm proposing leaving the nominal Prop 13 discount alone for people that own modest homes. And making d*ckwads like Khosla pay full freight.

Simply individuals and businesses with real estate holdings over a $1M gets the nominal 2-3% property tax rate everyone outside of California enjoys.

Totally fair.