patrick.net

MolotovCocktail says

FortWayneHatesRealtors says

Just hike up sales taxes to make the difference.

Are you aware that sales tax rates are already ~11%?

FortWayneHatesRealtors says

Prop 13 was to keep seniors in their homes, not be a permanent business subsidy.

Wrong. It was meant to use the excuse of seniors to cut the government at the knees. Classic starve the beast. Howard Jarvis admitted to this before he died.

Cutting government funding as best we can is all we can do to limit the state government and keep it in its constitutional box. Jut because a group of people say we want the government to provide this or that “services” doesn’t mean that should occur. Or that we need to pay more taxes to support it.

beershrine says

Deposing of property either LLC or any tax benefit arrangement for any gain still needs to be filed at tax time. Defer and deprecate is all we can do on the inevitable.

The property is not being deposed. Only the LLC.

https://www.usdebtclock.org/state-debt-clocks/state-of-california-debt-clock.html

California
Debt to GDP ratio: 15.5%
Debt per resident: $16,000

Colorado (aka: Calirado)
Debt to GDP ratio: 17%
Debt per resident: $14,000

Free State of Florida
Debt to GDP ratio: 10%
Debt per resident: $6,500

Massachusettes (aka: Taxachusettes)
Debt to GDP ratio: 15%
Debt per resident: $15,500