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Surprise, the property tax assessment at the ballot box does not work

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About the editor: The Times notes that their investigation drew public attention to wealthy landowners who passed their property tax base on to their children. The media outcry that followed failed to mention that for many, if not most, California homeowners, the only way to build generational wealth is through the single family home. (“Elderly Homeowners Face Huge Tax Bills as LA County Struggles to Pass 2020 Tax Law,” March 9)

Our children cannot afford to buy an unassisted home in the cities where they grew up, and passing on that tax base through inheritance or transfer of ownership is one way for parents to help.

Let’s face it: no one, rich celebrity or poor retiree, who has owned a home for decades is to blame for the increased cost of homes in California. We bought at an affordable price, made our payments even when times were tough, and paid the ever-rising property taxes.

Now the state is asking our children to take on today’s extortionate prices they had nothing to do with and pay the exorbitant property taxes if they don’t move into the houses within a year.

My house is now reportedly worth more than five times what I paid for it 30 years ago. That’s not real money until it’s sold, and it’s certainly more than any of my kids could afford. But if they inherit it as the only property I have, annual property taxes might prevent them from keeping it.

It’s bad enough that houses are so overpriced. Allowing cumbersome taxes to diminish the value of the only assets many Californians can pass on to their children just because voters thought some people didn’t deserve it is like kicking ass.

Laura Monteros, Altadena

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About the editor: I read the article about seniors facing huge property tax bills they didn’t expect.

If I were the woman facing the $15,000 tax bill, I would not pay it and let the county impound my home and let the police evict me. Then I would sue the county for illegal expropriation of my property.

What jury wouldn’t hand down a multimillion-dollar verdict for evicting an old woman from her home and selling it for non-payment of property taxes she doesn’t really owe?

Linda Fitak, Northridge

https://www.latimes.com/opinion/letters-to-the-editor/story/2022-03-14/surprise-ballot-box-property-tax-assessment-isn Surprise, the property tax assessment at the ballot box does not work

Caroline Bleakley

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