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Property tax isn't exactly great for fixing inequality either. Poor municipalities can't raise enough from property tax to fund infrastructure or schools.
by namlem 9y ago
Property tax isn't exactly great for fixing inequality either. Poor municipalities can't raise enough from property tax to fund infrastructure or schools.
- epistasis 9y agoThe problem with schools there is tying funding to a tiny geographic area, rather than over wider ones. That's the de facto state of the Bay Area where there are tons of tiny and disconnected municipalities. Whether those municipalities raise money via sales tax (hugely regressive) or property tax (less regressive), that structural problem will remain for schools.
- malloryerik 9y agoWhich is why it should happen at the state level (as a land value tax), to decouple school quality from real estate value, one of the deeper reasons for inequality in the United States. Meanwhile, sales taxes could be replaced or lightened by a tax on carbon.