Henry George, call your office. (or split land v. improvements)
On Mon, May 4, 2009 at 5:41 PM, Michael Perelman <[email protected]> wrote: > For years, reformers [the good kind] have argued for a split role so that > the treatment of business & residental property would be different -- > in a way to make business pay more to erase the effect that Gene mentioned. > > > On Mon, May 04, 2009 at 02:37:41PM -0700, Eugene Coyle wrote: >> Another wrinkle in Prop 13 protected corporate property on sale. When a >> homeowner sells the buyer pays taxes on the value appraised then, so >> taxes on a particular property jump. A commercial sale can potentially >> be structured so that it appears the owner remains. I understand that >> this has gradually shifted more of the burden onto residential property, >> though I have not looked into that. > > -- > Michael Perelman > Economics Department > California State University > Chico, CA 95929 > > Tel. 530-898-5321 > E-Mail michael at ecst.csuchico.edu > michaelperelman.wordpress.com > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l > _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
