Proposition 13 could go "buh-byee" with new SCOTUS ruling

[SoCalDem]

Here's how:

Some bold city council just has to OK demolition of a bunch of old, but pricey homes that currently sit on expensive, but under-taxed lots.. Usually these are in places like San Francisco, BelAir, Brentwood, . These are owned by rich older folks who pay a pittance in taxes.

Let's bulldoze those homes and put up some high-density housing that will be appraised at current values, and pump some moolah into the city coffers..or maybe a walmart right smack in the middle of Beverly Hills.. Those righ folks don't really need all that land anyway..:evilgrin:

or re-assess them for the proper taxation.

If it's just about money...nothing personal :evilgrin:

There's got to be a city somewhere that's controlled by some gutsy people..and who have a bunch of rich republicans who are TAX CHEATS :)