Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (231328)	5/2/2005 6:50:55 PM
From: TimF	Read Replies (3) of 1571724

The tax rate is 1.15% of the assessed valuation.........that's cheap by almost any measure. Maybe not considering how high those assessed valuations can go. The growth in assements is not capped when a transfer of ownership occurs. In any case the property tax rate doesn't matter as much as the overall tax revenue. CA has high tax revenue. you cut off the income to the gov't and they 'prove' to you how incompetent gov't is. Income has not been cut off. CA has one of the ten highest tax burdens in the country (the most recent stats I have place it as 6th highest). And that as a percentage of the economy. If you just count per capita taxes CA might be the highest. Tim

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