|"Only little people pay taxes."|
For those of you who may have been on an El Niño-inspired vacay, Edward T. Garcia is the Chairman of the “Yes on Measure UUT” aka the “We want a 66% tax increase” effort here in our somewhat bucolic mountain village of Sierra Madre.
Mr. Garcia resides at 117 E Grandview, a location he discloses at the bottom of the “Yes on UUT” website (link). The total LA County Property Tax bill for his digs at 117 E Grandview for the 2015 tax year was $2,605.29. This includes those additional assessments for PCC, LA County Paramedics, etc, etc., etc. All of that.
The City of Sierra Madre gets 21% of the base (before assessments). 21% of $2,600 means the City will get less than $550 a year from the owner(s) of this property.
Let’s compare Mr. Garcia’s abode to that of Joe Lunch Bucket (Joe LB for short). Joe bought his home in Sierra Madre in 2014 for $750,000. He bought here so his kids could attend Sierra Madre Elementary & Middle Schools.
Joe LB works two jobs to pay his mortgage and taxes. His 2015 property taxes are 1% before the additional assessments, so he pays $ 7,500 for his 2015 tax bill. The 21% of Joe LB’s taxes that go to the City are approx. $ 1,575 – over $1,000 more than 117 E Highland pays. In ten years, Joe LB will pay over $10,000 more taxes than the owners of 117 E Highland.
Edward T. Garcia, as a resident of 117 E., has a decidedly lower out-of-pocket cost of living thanks to Prop. 13 and the estate of the late Arlie Hahn. No argument there. That was the intent of Prop 13.
|You tell 'em Ed!|
Sooooo Edward T. Garcia, and other Prop 13 Winners, have decided to give thanks by making Joe Lunch Bucket, and EVERYONE ELSE in town, pay a two-thirds (66%) higher Utility User Tax (UUT) forever.
No more of those pesky UUT sunsets either – a permanent 66% rate increase - just pay, and pay, forever. And ever.
Since he is not paying so much himself, Edward T. Garcia thinks YOU should pay for his Sierra Madre Dreams instead.
Hypocrisy or Irony? You’ll decide on April 12.