A blog about Marinwood-Lucas Valley and the Marin Housing Element, politics, economics and social policy. The MOST DANGEROUS BLOG in Marinwood-Lucas Valley.
Friday, August 26, 2016
Marin Supervisor Kinsey wants to tax YOUR home equity!
Supervisor Steve Kinsey wants to tax home equity at the time of sale to create a massive fund to build tax subsidized apartments. The chief benefactors of his scheme are affordable housing developers, financiers and the poor. He would take from literally EVERY retiree and investor in Marin to pay for this housing scheme. The middle class homeowner and retiree would be hurt the most since few have outside investments and do not receive a guaranteed government pension. Video from the 8/23/2016 Board of Supervisors meeting. See link in video for full meeting.
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