03-19-2006, 08:52 PM
If you don't know about California's proposition 13, the law that was passed years ago, everyone in Hawaii had better learn. My parent's house value in California went from $28,500.00 to $1,000,000.00 in 30 years,
and without a law that limits the reassessment of property tax, if you live on a fixed income, retired or whatever, sooner or later, you may lose your house. It's just not in Cailfornia or Hawaii, a woman in Idaho, living on her very basic ranch for 30 years, just got a tax bill for $30,000.00 (which is about what she makes a year) because luxury houses were built near by, and the county said her house was the same.
It took a firestorm to get prop 13 passed in California, and every year, the state government trys to undo it. I'm not sure about property tax laws in Hawaii, but this may be on of the most important issues to unite voters, before your tax bill forces you out of your house. In my opinon, this is more important than everyone screaming about wider roads or more services, like a new fire station. (O.K., I feel better now)
Edited by - radioguy on 03/20/2006 01:00:06
and without a law that limits the reassessment of property tax, if you live on a fixed income, retired or whatever, sooner or later, you may lose your house. It's just not in Cailfornia or Hawaii, a woman in Idaho, living on her very basic ranch for 30 years, just got a tax bill for $30,000.00 (which is about what she makes a year) because luxury houses were built near by, and the county said her house was the same.
It took a firestorm to get prop 13 passed in California, and every year, the state government trys to undo it. I'm not sure about property tax laws in Hawaii, but this may be on of the most important issues to unite voters, before your tax bill forces you out of your house. In my opinon, this is more important than everyone screaming about wider roads or more services, like a new fire station. (O.K., I feel better now)
Edited by - radioguy on 03/20/2006 01:00:06