4 ms·
1.5% with a 50% reduction and 2%/year growth cap for a single primary residence, transferable if you want to move housing, but not inheritable. This stuff is n
by nugget 10y ago
1.5% with a 50% reduction and 2%/year growth cap for a single primary residence, transferable if you want to move housing, but not inheritable. This stuff is not difficult from a policy perspective.
- lmm 10y agoSo now when a parent dies young in addition to the grief and financial difficulty you're slamming on a big tax increase?
- nugget 10y agoIf you want to provide for orphans it's probably more efficient and less distorting to do it somewhere other than the property tax code.
- lmm 10y agoTying tax rates to specific individuals is always going to be massively distorting. If you want to... I'm not even sure what your "transferable but not inheritable" was supposed to accomplish, but whatever it is it's probably more efficient and less distorting to do it somewhere other than the property tax code.