Redlands Community News: State of California must end its home equity theft loophole
According to the Supreme Court, home equity theft — the practice of governments or investors taking more than they are owed when collecting delinquent taxes — is unconstitutional. Unfortunately, it seems California didn’t get the memo.
On May 25, the Court ruled unanimously in Tyler vs. Hennepin County that when the government takes more than is owed to satisfy a property tax debt, it violates the Constitution’s Takings Clause, which bars the government from taking private property without providing just compensation.
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