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Comment by bingohbangoh

> To keep tax revenue equal, property taxes for those who purchased recently would go down, and property taxes for those who’d purchased in the past would go up.

That's what I'm saying _won't_ happen. The high property taxes as-is will stay high and previously protected properties will have their taxes shoot up. That is my prediction and nothing about the state of California, or the US broadly, suggests otherwise to me.

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