The tax that gets passed along in rent is property tax, which in California is g... | Hacker News

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		blang on March 29, 2019 \| parent \| context \| favorite \| on: Bay Area housing prices drop in tech-heavy countie... The tax that gets passed along in rent is property tax, which in California is generally pretty low[1] compared to other states because of prop 13[2]. [1] https://wallethub.com/edu/states-with-the-highest-and-lowest... [2] https://en.wikipedia.org/wiki/1978_California_Proposition_13

GabrielBen on March 29, 2019 [–]

Property taxes are not absolutely economically incident on rent, raising property taxes will affect renters in ambiguous ways. But sales taxes definitely punish workers (and lower the income the worse), while low property taxes favor landlords.

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