California income taxes
#325
Gets Weekends Off
Joined APC: Aug 2005
Posts: 324
There's always a place for common civic services, but those are still paid for with your money, not the government's. Even so, that's a small portion of the total budget. The government doesn't spend it's own money because it doesn't have any. It can tax with the consent of the governed but has no right to your money. Only you have the right to your money. Too many people seem to think that they can decide how much is enough for someone else to have or how someone else should spend their own money. And a lot of those people are elected to office by promising to take money from people to give to other people. It's hard to imagine a more immoral policy but that's where we are.
#326
There's always a place for common civic services, but those are still paid for with your money, not the government's. Even so, that's a small portion of the total budget. The government doesn't spend it's own money because it doesn't have any. It can tax with the consent of the governed but has no right to your money. Only you have the right to your money. Too many people seem to think that they can decide how much is enough for someone else to have or how someone else should spend their own money. And a lot of those people are elected to office by promising to take money from people to give to other people. It's hard to imagine a more immoral policy but that's where we are.
US Constitution > Article I. Legislative Department › SECTION 8. Clause 1.
The Congress shall have Power to lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States.
Sounds like they do have the right to at least some of your money, consent was given in 1788...
#327
The problem comes in when political factions realize they can vote themselves largesse from the public coffers. If you don't know what that phrase means, google it. Never been more relevant than today.
#328
Banned
Joined APC: Dec 2009
Position: Narrow/Left Wide/Right
Posts: 3,655
They usually use a combination of transaction price, and comps in the area to establish a fair value for the house, regardless of what you paid for it.
As an aside, during the last downturn in CA, they didn't advertise it much, but if your house was worth less than it had been purchased at (and appraised for taxes), you could apply annually to have your house reassessed and they did lower your taxes temp for that year but if you didn't apply each year, the value and tax rebounded to the original higher value.
#329
Banned
Joined APC: Dec 2009
Position: Narrow/Left Wide/Right
Posts: 3,655
The only thing that makes sense is that the OP bought the house and did major renovations as well that used permits which triggered a reassessment after the remodel and hence an updated value that included a tax hike.
#330
Gets Weekends Off
Joined APC: Mar 2015
Posts: 1,175
So I still don’t understand the situation because you can protest the valuation using comps and purchase price. I know because I’ve done this myself.
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