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From : jerry whitfield

Q: tbone wrote tbone wrote why not a person with a bigger house than you in your area pays more taxes than you do. why shouldnt a person with more cars then they need not do so as well not in all states really which ones california for one. they passed proposition 13 about 20 or so years ago which limits yearly increase on taxes. you buy the property and the value is reassessed and your taxes start with capped increase on the original purchase value. you sell and then the new owner starts over. in other words a person with $100000 home could be paying more than a person with a $500000 home down the street. the idea was to keep the state from taxing the retired out of their homes once they went on fixed incomes. im sure there are other states with similar laws. ok but that is not what i was talking about. the tax is still based on the size and worth of the property. what you are talking about is a form of protection not the tax rate itself. but even with this protection if a person went and bought more houses he would be paying taxes on them as well at the current value. -- if at first you dont succeed youre not cut out for skydiving .