Los Angeles County: "F#@K YOU, PAY ME!"
(media.scored.co)
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Sounds bad, but it's kind of obvious: unless you trigger a reassessment, how does the state's tax board even know that your house burned down? They have a list of addresses and values. The way that's updated IS reassessment.
Worst you can say is that the reassessment process should be automatic based on some map of impacted areas. But you might not want a reassessment if your home was in an impacted area but sustained no damage.
"House gone, please update value," isn't exactly crazy. But there should be a massive grace period to get it all worked out.
What's actually fucked up here is that some people will probably see their taxes increase on reassessment because the appreciation of the property since their last assessment will outpace the loss of the structure.
Another opinion. Property tax is inherently bullshit and land that is being used to live on rather than work is inherently an unrealized gain. There really is no moral justification for constantly taxing people to continue owning land.
That's fine too, but obviously outside the scope of what's being presented as the problem here. "Abolish all tax" is a solution to most tax-related issues.
It really doesn't matter. Nobody is going to be allowed to keep their land. Newscum was gleeing in front of the cameras talking about "speculators" wanting to buy swaths of land. If they don't take BlackRock's pennies, Newscum will invoke Eminent Domain and sell it for them. Oh, and Klaus Schwab tweeted that its a great opportunity to build "intelligent cities" from the ashes. Adam Carolla has also explained how impossible it was to get a build permit BEFORE the fires. Nobody is keeping their land.
They already waived permitting for rebuilding. Including their precious "Environmental Quality" ones. They also waived the Costal ones that protect public access to beaches.
But it's just as likely that these are moves to placate the public while letting BlackRock build even faster (and privatize public beaches) because normal people are going to get stuck in insurance hell.
Once again, they likely won't have the funds to rebuild and it'll only make sense to sell.
Insurers canceled policies because CA, in their infinite wisdom, mandated that insurers could not increase their rates due to the wildly known fire danger of CA's unmanaged tinder boxes formerly known as forests. CA also does not let state agencies outside of CA write policies to insure properties inside CA. CA is a walled off home insurance market, with significant government regulation that heavily affects risk underwriting.
I wonder what's to stop companies in other states to not use this as an excuse to hike rates? "Climate change affects every state! So give us money!"
They absolutely do, and only because the State or banks impose a requirement to have insurance. Insurance companies love nothing more than a "captive" market (i.e. hostages). In order to negotiate, you need to be able to walk away from the table. If you can't walk away, you're not negotiating, you're pleading for mercy. Give people the option to walk away and watch prices drop to a competitive average.
That's true, but you can guarantee if there was a sudden shift that significantly raised property values, it'd be all hands on deck as they scurried around reassessing properties as quickly as they could.
And even if people do apply for reassessment (which I'm sure incurs a hefty fee), they'll drag their feet about it as long as possible.
Archive because OP is lazy
https://ghostarchive.org/archive/cvI4S
Hey, I'm not lazy. I just know there's guys like you around to do it. Thank you for your service! 🫡
If I lost my entire multi-million dollar house due to government incompetence on the level that was displayed here, I wouldn't be paying taxes again period.
Taxes are already a begrudging thing where you can vaguely see them being used for their stated purpose kinda. But in this case, they failed even the most basic of agreements for why we pay taxes to begin with.
Just thinking out loud, but it would be nice to have a law that states taxes must be used in the county they were collected. No subsidizing other BS in other counties.
While a neat idea in theory, I don't think its practical.
Because a very rural county might produce almost nothing in tax collection relative to its size, but has a lot of production of food, power, etc. that is necessary for the nearby highly taxable urban sprawl to function.
I just think taxes as a whole should be opt-able on an individual level. If someone doesn't want to pay for public schools, then they can't use them and their money won't be collected on that front. If the system can't raise enough money due to lack of opting in, then that is the market telling the government to improve to get paid more.
The only hitch is that roads aren't as easy to simply say "you can't use" in this regard, so that would need a different exception.
Agreed.
Isn't that what vehicle registrations, road tolls and drivers license fees are about? At least that's what they tell us.
Apply for reassessment then...
Better yet, contact your local representative to ask them to do their job and look up a map of burned-down neighbourhoods and do it as default.
Most wouldn't want reassessment.
"Your home and land were worth 300k when you bought them 20 years ago. The home amortized over time, it was basically valueless anyways at this point, but your land is now worth 500k to Blackrock, so your taxes are going up. Thanks, have a nice life."
Yes, exactly! 😎
Government everywhere: FUCK YOU, PAY ME.
There, fixed it for you.
The Pacific Palisades was nearly 30% Trump in November 24 - previously it was only around 8% Republican.