There are a number of unpleasant consequences which can occur when someone is behind on their taxes. Two issues can be involved: how much is owed and what entity is owed the taxes. As we have stated in previous posts, it is possible to achieve a compromise or workout with either the Internal Revenue Service or with the state of California.
Perhaps if you pay $100 million for your house or estate in Silicon Valley, it doesn't matter to you if you overpaid. According to a real estate assessor, a Russian billionaire paid way too much for his California purchase. The real estate taxes for the property used to be about $300,000 per year but the new owner will pay nearly twice that according to estimates.