Property tax increases

There are two property tax increases on the ballot in Chula Vista. I think they are deceptive in nature. Both of them raise property taxes and buy bonds with them. The title of the measures that raise the property taxes are called bond sales. They call them that then in small print two thirds of the way down they finally tell you it is a property tax increase that will be used to pay for the bonds. The box that you check yes or no on says “sell bonds” instead of increase property tax. Is this legal?

It’s legal of course. Every government bond sale needs to be paid by tax.

It would be a no brainer for rent controlled tenant to vote for these parcel tax. Does it make sense? With a rent control, property tax increase would not cause rent increase. Therefore rent controlled tenant has an incentive to increase parcel tax as much as they like.

Rent controlled tenants can vote to increase @sheriff’s property tax by $25,000 a year and their rent will have no impact. What a sweet deal!

This will be the revenge for your Prop 10 vote :disappointed_relieved:

Prop 10 will increase your property tax by thousands of dollars in parcel tax.

Rent controlled cities have a much higher parcel tax because rent controlled renters will support every parcel tax. Why? Extra parcel tax will bring more social benefits but rent is controlled and not affected by parcel tax. Every respectable person would be willing to use other people’s money to increase social benefit.

My Oakland tax bill includes about $3,500 parcel tax. Can you believe it?

Vote on Prop 10 wisely

It is not a parcel tax, it is a property tax. I’ll be glad when the election is over. This is forum and you turn every question into no on 10.

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Is this new tax based on property value or flat per parcel? (Rent control will increase property tax over time since renters are immune from its effects.)

A parcel tax is a form of real estate tax that, unlike most real estate taxes or a land value tax , is not directly based on property value. … The parcel tax in its typical form as a flat tax is regressive: While most parcel taxes are a fixed amount per parcel , some are based on the size of the parcel or its improvements.

Look at my answer above. It is a property tax (based on the value of the property) not a parcel tax.

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That’s odd. Bond has a maturity date. Why do they want a permanent property tax for a bond that has a maturity date?

We need to wise up and say NO to all the Propositions we don’t understand

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:rofl::rofl::rofl:
How are you sheriff?
I hope life is treating you good over there.

Take care now.

They want a property tax for the bonds that they are going to sell because if they phrase it as a property tax increase it won’t pass.

Doing good buyinghouse. Retired life is good.

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I notice most of the property tax is to fund public services, why call it tax and not services?
Is it because services are optional? Or can be replaced with another vendor?

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Somebody must pay for those handouts the real estate investors receive when they sell and buy another property. Jesus! :smile::wink::wink::wink:

What some dumb people don’t understand is that once you pass the threshold of being a home buyer and step into the real estate investor, or business category, you get to receive so many handouts in the name of tax code freebies that Joe the worker can’t get.

Get to work in whatever you do, and accept your privileges and limitations. Or, move out of CA.