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Regressive, favors rentiers over workers, economically distorting, discourages both work and employment, could go on. It's the worst designed major tax in our system from both a policy/efficiency standpoint and a fairness standpoint
I can understand senior citizens having capped property tax. Cap it at $10,000/year or something. They don't use many of the amenities property taxes go towards. But eliminating them seems silly.
I can understand senior citizens having capped property tax. Cap it at $10,000/year or something. They don't use many of the amenities property taxes go towards. But eliminating them seems silly.
Many retirees have to sell their homes because they can no longer afford the property taxes. A reduced or graduated property tax based on income would seem fair to me.
I would remove ALL taxes, including state, county and local, and replace them with an Income Tax based on all income from all sources with a 90th percentile deduction. the tax would be collected on a Federal level and half would be redistributed to the states on a per capita basis. The states could then redistribute then as they saw fit.
Not only would this place the burden of operating the country on the people that own and control it the insane redistribution of Federal money from the Blue States to the Red states would cease.
1!
Property tax because it is a direct tax and hinders the absolute right to own property for which I believe is part of the American dream!!
2.
Income tax! because again it is a direct tax and is so unfairly levied that half of the population does not even pay it. When people have to actually dig into their own wallet and pay for our government instead of using it then they might care where and how much money is wasted.
Income taxes, gas taxes ect... all non direct taxes that tax usage in my opinion are far superior. Everyone pays it!
Many retirees have to sell their homes because they can no longer afford the property taxes. A reduced or graduated property tax based on income would seem fair to me.
Many retirees have to move because they can no longer afford the property taxes when the landlord jacks up the rent to cover the latest property tax increase.
Why do you want to kick retired renters on the street while you protect homeowners from having to move because of property taxes?
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