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  2. Los Angeles County Assessor - Wikipedia

    en.wikipedia.org/wiki/Los_Angeles_County_Assessor

    In 2021, there were 2.6 million assessed properties for a total Los Angeles County property assessment value of US$ 1.8 trillion. [3] The current assessor is Jeffrey Prang [4]. [5] The most recent assessors have been John Noguez, Robert Quon, who served for the last year of Rick Auerbach 's term, and Kenneth P. Hahn .

  3. 1978 California Proposition 13 - Wikipedia

    en.wikipedia.org/wiki/1978_California_Proposition_13

    t. e. Proposition 13 (officially named the People's Initiative to Limit Property Taxation) is an amendment of the Constitution of California enacted during 1978, by means of the initiative process, to cap property taxes and limit property reassessments to when the property changes ownership, as well as require a 2/3 majority for tax increases ...

  4. Property tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Property_tax_in_the_United...

    Median household income and taxes. Most local governments in the United States impose a property tax, also known as a millage rate, as a principal source of revenue. [1] This tax may be imposed on real estate or personal property. The tax is nearly always computed as the fair market value of the property, multiplied by an assessment ratio ...

  5. Taxation in California - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_California

    The effect from local sales taxes is that sales tax rates vary in California from 7.25% (in areas where no additional local sales taxes are levied) to 10.75% (six cities located in Alameda County). For example, the city of Sacramento, the state capital, has a combined 8.75% sales tax rate, and Los Angeles, the largest city in California, has a ...

  6. Cook County homeowners in these 15 suburbs will pay ... - AOL

    www.aol.com/news/cook-county-homeowners-15...

    Richton Park: 39.14% median increase in amount billed to homeowner. The analysis showed that property taxes across Cook County increased by approximately $706 million, rising from $17.6 billion to ...

  7. Voices: This LA mansion tax is disgusting, unfair - AOL

    www.aol.com/voices-la-mansion-tax-disgusting...

    Los Angeles-area realtor Emil Hartoonian told the Hollywood Reporter:“The mansion tax going into effect will clearly create a barrier for sellers looking to unload their homes later this year ...

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