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Government

Size Matters Property Tax Proposed for California
Edited by Christopher Simmons
Thu, 05 Jan 2006, 19:30:00 EST

A Single Structural and Fiscal Property Tax Increase:homes of 4,000 square feet or more to pay an additional 1%

SAN FRANCISCO, CA (SEND2PRESS NEWSWIRE) -- Because someone has to step up and suggest something: this year's StateoftheState.com address deals with California's property tax -- All aspects of California Proposition 13 on property taxes are to remain the same except that homes of "4,000 square feet or more" are to pay an additional 1%.

"I'm not final and am open to input on who should get the revenue generated from the additional 1%," said Kevin Olson of StateoftheState.com.

"However, the monies are meant for general fund(s)."

This proposal submitted by Kevin Olson.

More information: www.StateoftheState.com






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