What is most unfair about prop 13 is that the lower tax rate can be transferred to your descendants. It's one thing to pay 10x the taxes of your neighbors, it's another thing altogether to have a class of people benefiting from lower taxes over generations!
Also, I know there are probably better ways to finance a city, but that's how we currently do it. It should be done fairly, ideally we should meet in the middle. It's fundamentally unfair that some folks pay up to 10x or more than others. I'm speaking personally, but it really bothers me that my neighbors are actually OK with this.
Also, there are lots of ways to ensure elderly/retired folks can stay in their homes. Taxes can be deferred.
Also, I know there are probably better ways to finance a city, but that's how we currently do it. It should be done fairly, ideally we should meet in the middle. It's fundamentally unfair that some folks pay up to 10x or more than others. I'm speaking personally, but it really bothers me that my neighbors are actually OK with this.
Also, there are lots of ways to ensure elderly/retired folks can stay in their homes. Taxes can be deferred.