Seven out of ten Californians believe they are overtaxed , and the tax hikes just keep coming. Not just at the state level, but also at the local level, with a wave of new local real estate taxes. Take Measure ULA, for example. In 2022, voters were convinced to pass Measure ULA. Billed as a “mansion tax,” the idea was to tax sales of high-end real estate to fund investments in affordable housing. The tax would be triggered around the $5 million level (currently, 4% of sales worth $5.3 million

Tag-uri: Real Estate