I think you’re misunderstanding the post… He’s saying property taxes are a necessary source of government revenue (that we all benefit from) but you shouldn’t have to pay it if it’s a primary residence and there should be a different structure or revenue stream. I agree with that, since a property tax is basically a wealth tax on ordinary people because it is a tax on their single biggest asset.
He’s saying property taxes are a necessary source of government revenue (that we all benefit from) but you shouldn’t have to pay it if it’s a primary residence and there should be a different structure or revenue stream. I agree with that
Where do you want the revenue needed to fund the city to come from if not from property owners?
I think you’re misunderstanding the post… He’s saying property taxes are a necessary source of government revenue (that we all benefit from) but you shouldn’t have to pay it if it’s a primary residence and there should be a different structure or revenue stream. I agree with that, since a property tax is basically a wealth tax on ordinary people because it is a tax on their single biggest asset.
Where do you want the revenue needed to fund the city to come from if not from property owners?