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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (12979)	8/23/2003 12:26:22 AM
From: Les H	Read Replies (1) \| Respond to of 306849

Aside from prop 13, the current property tax system doesn't really capture the costs for informal boarding arrangements where multiple families and/or day laborers may be put up by absentee owners. Many of these same laborers are paid in cash which I've witnessed several times at the bus stops where the trucks and vans let them off. The income tax is not at all effective in capturing this commerce. Raising the sales and gas taxes is probably the most equitable means of mataching up revenues closer to those that impose higher costs. I remember at one time California was considering imposing a car insurance system through the gasoline tax because of all the uninsured and unregistered drivers.