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California Proposition 90 was an amendment of the Constitution of California relating to property tax assessments for older homeowners. It was proposed by the California State Legislature and approved by voters in a referendum held on November 8, 1988.
The California Association of Realtors previously sponsored and financed an initiative measure known as 2018 California Proposition 5 on the November 2018 ballot that would have further expanded Proposition 13 property tax breaks for certain homeowners (primarily homeowners over age 55) by allowing them to transfer their lower property tax base ...
In 2019, WalletHub applied California's statewide effective property tax rate of 0.77% to the state median home market value of $443,400; the annual property taxes of $3,414 on the median home value was the 9th-highest in the United States.
New Jersey has a graduated state income tax rate ranging from 1.4% to 10.75%. The state taxes retirement income but offers large deductions to seniors ages 62 and older whose adjusted gross income ...
Property tax; Sales tax; State and local tax deduction; ... New Jersey: 131,327,919 New Mexico: 9,641,644 ... Map of average federal tax revenue per capita by state ...
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