S.F. lost almost $450 million in revenue last year thanks to Prop. 13

Californians saved about $12.5 billion in taxes in 2015 due to Proposition 13, according to a new study from Trulia. The study looked at how much tax payers would have owed last year if voters had not passed the 1978 tax measure which keeps a 1 percent ceiling on property taxes and a 2 percent

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s