Yet another ballot measure threatening major tax increases
While everybody’s stuck at home waiting for the lockdown to be lifted, this would be a good time to tell you about an initiative set for the November 3 ballot that could sharply raise property taxes for your children if anything happens to you.
Back in 1986, voters overwhelmingly approved Proposition 58, which created an exclusion from reassessment for property transferred between parents and children, meaning the property tax bill would stay the same. And then in 1996, voters adopted Prop
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