A Single Structural and Fiscal Property Tax Increase:homes of 4,000 square feet or more to pay an additional 1%

SAN FRANCISCO, CA (SEND2PRESS NEWSWIRE) — Because someone has to step up and suggest something: this year’s address deals with California’s property tax — All aspects of California Proposition 13 on property taxes are to remain the same except that homes of “4,000 square feet or more” are to pay an additional 1%.

“I’m not final and am open to input on who should get the revenue generated from the additional 1%,” said Kevin Olson of

“However, the monies are meant for general fund(s).”

This proposal submitted by Kevin Olson.

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Original Story ID: (1143) :: 2006-01-0105-002B

Original Keywords: California Proposition 13 on property taxes, stateofthestate, Kevin Olson, Fiscal Property Tax Increase, general fund, California government, politics, proposal, homes, property, tax, law, revenue, state of the state,

NEWS SOURCE: | Published: 2006-01-05 19:30:00

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