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View Diary: Why are Gov. Brown and Sacramento Democrats trying so hard to raise taxes on the 99%? (107 comments)

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  •  the solution to the problem for old people (1+ / 0-)
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    Dr Stankus

    having to sell their homes because of higher taxes is for property taxes to stay put while people live in their homes; then whenever the homes are sold at a higher valuation than they've been taxed,  part of the profits of the sale goes to pay for the back taxes that are averaged out on the difference between what the house had been valued for and what it was sold for.

    Then the state can get the benefit of higher property valuations without penalizing people whose homes have increased in value to where an increase in taxes would have been unmanageable.

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