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by HanayamaTriplet 1325 days ago
>This is because Prop 13 prevents cities from collecting RISING taxes from residential properties (but they can collect rising taxes from commercial properties)

The parenthetical here is incorrect - all property taxes, regardless if they are for residential, commercial, or industrial properties, have capped yearly increases under Prop 13. In 2020, there was a ballot initiative, Prop 15, which proposed a "split roll" to remove the Prop 13 rate caps from certain types of businesses, but it did not pass. You can read more about Prop 15 here: https://ballotpedia.org/California_Proposition_15,_Tax_on_Co...

1 comments

Prop 13, however, doesn’t apply to sales tax.
This means that really the best way to increase income is to approve more mixed-use zoning. Hopefully we will see a push for that moving forward.
And also payroll and gross receipts tax.