▲ | ethagknight 9 hours ago | |
>> unfortunate reality is that there’s an entire constellation of municipal services and infrastructure required for even suburban development. These things cost money and the best way to raise that money is to charge the people who benefit from the value said infrastructure provides. The unfortunate reality in my city is that approximate 80-90% of homes (many of which are investor-owned) pay a fraction of the impact they incur on the city. Property taxes may be the most progressive tax burden by a long shot. Prop taxes need to be limited and/or totally redrawn as a concept. |