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Posted (edited)
3 hours ago, Chef Jim said:


Well let’s clarify. Why are you for a $7 increase but against a 42% increase?


Sorry - I thought it was clear that I was summarizing your take - which I assume - you are against a 42% increase - which raises it $7h = bad from your POV

 

And then I commented on Trumps tax cuts - which you continue to ignore the impacts it had on inflation = as good from your POV

 

Edited by BillStime
Posted
3 hours ago, muppy said:

I haven't read the thread. The title alone read very antagonistic towards the state of California. What I can say after having lived here is there IS and ARE very conservative sections of the state (orange County, Military presence etc)  Many Many people who moved here in the 80's - 90's  have purchased a home . kept it upgraded and nice. The amount we pay on a mortgage I couldn't rent a studio here. It is ridiculously expensive to rent here. We have equity which is key.  Our investment has increased five going on 6 fold. So we were lucky and blessed to have purchased when we did . We have solar electric so our bill even during this heatwave is almost nil. Solar is hugely popular as you can imagine. Anyway I received a blaring Power Flex Alert. Being off the energy grid has its definite advantages. Most all of our friends, church family etc make it work living here the same way. Homes are passed on to family members or THEY wouldnt be able to afford to live here either. Although not rich they are doing fine. Just sayin'

 

How are the real estate taxes?

 

Families are being forced to leave their homes because the increased value of their house has made the taxes too expensive. My aunt, who lived near Sacramento CA, were one of those people.

 

I expect my taxes to exceed my current mortgage by the time I retire.

Posted
5 minutes ago, unbillievable said:

 

How are the real estate taxes?

 

Families are being forced to leave their homes because the increased value of their house has made the taxes too expensive. My aunt, who lived near Sacramento CA, were one of those people.

 

I expect my taxes to exceed my current mortgage by the time I retire.

 

Property taxes are a base of 1% of the assessed value plus nickels and dimes of local taxes bringing the total to about 1.5% depending on where you live.  They increase by 2% annually.  I've lived here for 40 years and have owned 4 homes and have never had my home reassessed.  So if you're home has a tax base of $300k your taxes are about $4,500 per year.  The 2% increase amounts to a $90 increase.  Not the increase is compounded but you get my point.  I've heard of very few people being forced out of their homes due to property tax increases.  That was the whole point of Prop 13.  

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Posted
1 hour ago, BillStime said:


 

And then I commented on Trumps tax cuts - which you continue to ignore the impacts it had on inflation = as good from your POV

 

Trump’s tax cuts? Trump moved the top rate right back to where it had been prior to the Great Recession. What you call a tax cut was actually just a reset….with the recession then clearly over.

Posted
14 minutes ago, 716er said:


The power went out in Texas

 

The power stayed on in California

 

 

 

Yup our power has NEVER gone out here.  

 

Let me ask you.  How are people supposed to precool their homes before 4pm when most people work until 5?  

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Posted
36 minutes ago, Chef Jim said:

 

Yup our power has NEVER gone out here.  

 

Let me ask you.  How are people supposed to precool their homes before 4pm when most people work until 5?  

 

i think the idea is to get a "smart" thermostat so you can use your phone and also so they can cut it off remotely if you exceed your daily allowance...or vote wrong.

Posted
7 minutes ago, Buffarukus said:

 

i think the idea is to get a "smart" thermostat so you can use your phone and also so they can cut it off remotely if you exceed your daily allowance...or vote wrong.

 

I have a smart thermostat.  I think it's safe to say most don't.  

16 minutes ago, gobills404 said:

Smartest Californian 

 

 

So the government is going to tell me when I can and cannot charge the vehicle they forced me to buy.   Yay Liberty.  

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Posted
31 minutes ago, B-Man said:

 

 

 

                                                 Screen-Shot-2022-09-08-at-9.55.51-PM.png

 

 

.


If any of you want to know how to get rich?  Open a gas/diesel car dealership just across the CA border.  Thank me later. 

Posted

Raising the minimum wage by $7 per hour will result in higher prices.  If you cost of doing bidness goes up, you have to raise prices.  Also will result in more automation.  I went to Taco Bell the other night and there was nobody behind the counter to take my order, I HAD to use the kiosk bot. Look for more of this.  Will result in less people working.

 

As far as tax cuts, the Democrats have the power and could end it if they wanted to.

Posted
On 9/8/2022 at 1:06 PM, Chef Jim said:

 

Property taxes are a base of 1% of the assessed value plus nickels and dimes of local taxes bringing the total to about 1.5% depending on where you live.  They increase by 2% annually.  I've lived here for 40 years and have owned 4 homes and have never had my home reassessed.  So if you're home has a tax base of $300k your taxes are about $4,500 per year.  The 2% increase amounts to a $90 increase.  Not the increase is compounded but you get my point.  I've heard of very few people being forced out of their homes due to property tax increases.  That was the whole point of Prop 13.  

 

So a large portion of the population (homeowners) aren't paying their fair share.

Posted
4 minutes ago, unbillievable said:

 

I'm not an IRS agent.

 


It was your term. Define it it your words.  BTW the IRS has no jurisdiction over property taxes.  

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