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John and Thom purchased a home that only had one previous owner. It is a simple three-bedroom, two-bath ranch. The previous owner built the home in 1964 and recently passed away. John and Thom had looked at the previous owner's property taxes and found them to be quite manageable. When they received their first assessment, they were shocked. Which proposition is attributed to this dramatic increase in property taxes?

Respuesta :

Answer:

The correct answer is : Proposition 13

Explanation:

This can be found in Article XIII A of the Constitution of the State of California. It also restricts annual increases of real property when an inflation factor is presented. What is does is to decrease property taxes by assessing values at their 1976 value and it cannot exceed 2 percent per year.

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