For years, taxpayers have been left in the dark when it comes to parcel taxes, because there is little public information available about these property taxes. To improve this situation, CalTax is sponsoring Assemblyman Tom Daly’s AB 892, which would institute much-needed reforms to the parcel tax structure.
Parcel taxes are on the front burner in the Capitol this year. Local governments and the spending lobby are looking for ways to make it easier to increase these taxes by lowering the public vote requirement. At the same time, some taxpayers have been discussing how to repeal the parcel tax altogether, and CalTax has prepared a widely distributed policy brief on the tax titled, “The Other Property Tax: An Overview of Parcel Taxes in California.”
Since repeal appears unlikely, CalTax is proposing changes to improve the tax for property owners and government alike.