Full Citation
Title: Perspectives of the Property Tax Forty Years after Proposition 13
Citation Type: Working Paper
Publication Year: 2019
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ISSN: 1556-5068
DOI: 10.2139/ssrn.3434005
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Abstract: We use results from the December 2016 CalSpeaks Survey to assess citizen understanding about how the property tax functions and the distributional impact of the tax. Key issues include (1) do California citizens today understand the provisions of Proposition 13 and the implications for how the property tax operates in California, and (2) given that knowledge, what is the perspective of California residents about the income incidence (progressivity) of the property tax. The survey results reveal weak current understanding of the tax rate limitations of Proposition 13 and a resulting overestimate of actual property tax payments. Only about one third of residents believe that the property tax is progressive (i.e. a greater percentage of income for a typical high-income person), with robust evidence that greater knowledge of the basic elements of Proposition 13 (fixed rate and method of assessment) increases the likelihood of belief that the property is progressive.
Url: https://ssrn.com/abstract=3434005
Url: https://www.ssrn.com/abstract=3434005
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Authors: Wassmer, Robert William; Fisher, Ronald C; Kuloszewski, Zachary
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Data Collections: IPUMS USA
Topics: Housing and Segregation
Countries: United States