3 days ago
- Politics
- San Francisco Chronicle
Letters: Prop 13 isn't what's keeping older homeowners from downsizing. Here's the real reason
I keep hearing how Proposition 13's tax incentives encourage older people to stay in their homes rather than downsizing.
As a 78-year-old who has been tempted to downsize from the four-bedroom home we have lived in since 1997, I can say that Prop 13 is the least of the obstacles.
The big one is the capital gains tax.
The value of our home has increased substantially. But so has every other home in the area. If we sell, the combined federal and state capital gains tax of over 32% takes a huge dent out of any profit, making it impossible to purchase a smaller home of equal quality.
There was a time when any gain put into the purchase of a new home was exempt, but that was replaced in 1997 by $500,000 limit for couples. That sum has never been adjusted for inflation and is a drop in the bucket in expensive areas, especially California, which has one of the highest capital gains taxes in the country.
So we will stay put for the duration, over-housed and aging in place. And some young family that could benefit from a home like ours will end up moving elsewhere.
Blame Hamas
The Oct. 7 attack was a long-term plan, and Hamas amassed hundreds of millions and spent it to build terror tunnels instead of improving living and economic conditions in Gaza, the U.S. Treasury Department said in 2022.
'Hamas maintains a violent agenda that harms both Israelis and Palestinians,' the department said.
Moreover, Hamas' goal was and still appears to be the destruction of Israel, as it refuses to disarm, and said weapons 'cannot be relinquished until our full national rights are restored, foremost among them the establishment of a fully sovereign, independent Palestinian state with Jerusalem as its capital,' according to an Al-Jazeera report this week.
Israel does what it must to avoid being destroyed, despite letter writer Harry Chomsky's disapproval.
Julia Lutch, Davis
Outlaw gerrymandering
Regarding 'How the Supreme Court enabled the Texas-California redistricting fight' (Politics, Aug. 1): Republican-led states gerrymander their legislative districts far more than Democrat-led states, which slants Congress in favor of the GOP and misrepresents the will of the people.
Now, Texas is threatening more gerrymandering with new redistricting ahead of schedule. California and other blue states should definitely play the gerrymander game in response.
At the same time that blue states announce their unapologetic gerrymandering, Democrats should also introduce a bill in Congress that would outlaw all gerrymandering for state legislative and congressional districts. Democrats should unanimously support banning gerrymanders while also matching Republican efforts to do it.
If Republicans are offended by blue-state gerrymandering, then they should support the abolition of all gerrymandering.
We can't have some states playing fair with nonpartisan districting rules while other states continually cheat. All states need to play by the same redistricting rules.
Dennis Dowling, San Francisco
Legalize sex work
Why not emulate policies in Amsterdam and other places that provide a safe and clean environment for the oldest profession in the world?
Give sex workers access to health care, security and freedom from pimps.
Nigel Phillips, San Francisco
No RV parks in S.F.
Regarding 'Make room for RVs' (Letters to the Editor, Aug. 3): The letter writer suggests creating a $60 a night recreational vehicle park for tourists at Crissy Field and Sunset Dunes in San Francisco.
'There are many RVers who pay more than $60 in less spectacular places all over the U.S.,' he states.
They should feel at home, then, because putting RVs at Crissy Field would be a sure-fire way to unspectacularize the world-class vista at East Beach.
