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by curun1r
1405 days ago
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> The 'can't put old widows out of their homes' scenario is why California's Prop 13 came to be There’s a better way to handle this, though, than the Prop 13 approach of limiting taxes. You just allow a certain amount of property taxes to optionally go unpaid and accrue as a lien against the property that must be settled when the property changes hands. Old widows never get forced out of their houses, but they don’t get to leave them to their kids without paying the tax. |
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