Yeah I was thinking about that the other day, people who purchased a home prior to increased property taxes kind of get screwed towards the later years of their life and when it comes time to pass it down. California's tax laws are running off the wealthy.
great law...good for him
This is not ‘Nam. This is housing. There are rules.
Who cares.
Well, a new report found that eliminating California’s inheritance tax break could raise $2 billion a year in property taxes over time. This means schools and other local governments would receive more than $200 million combined annually to start
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