California's New Death Tax

[Mic Drop]

The ads promoting 19 didn't mention that it would put elderly heirs on the pavement because of massive tax increases nor did they say the funding came from real estate agents.

repealthedeathtax.com

 

[Mic Drop]

The real estate industry pushed this through to give an extra incentive for people to sell their homes. With low taxes, you keep the home. With high taxes, you are more likely to sell.

Kevin Mullins authored... democrat

[Srecko Sostar]

There is no real estate tax in Croatia, yet. They have been putting it off for decades. So the owner of the property does not pay any taxes to the state because of reason he own something, house or any other real estate.
In the case of inheritance of real estate from parents to children, no tax is paid (spouse, descendants and ancestors who form an upright line and adopted children and adoptive parents who are in that relationship with the deceased or donor). In other cases, 3% of the market value is paid.